Bob Pittman buys Daily Candy

The rumors are true– Bob Pittman, former AOL COO, has bought Dany Levy’s Daily Candy web site for $3.5 million to $4 million, as reported in the NY Post. According to the Post, Pittman plans to develop DailyCandy into a multimedia brand that could extend into magazines,books,TV and service guides for shopping, etc.
Given that Pittman is advising Gore on buying a cable network and creating programming for young people, it seems like the platform for a Daily Candy buildout is a sure thing.
Thew historical past– Nanomedia Weblog suggests Pittman should by Gawker as well.