Gizmodo to be licensed, published in Europe

Do you recogize the future when it falls on you?
Big media, pay attention!
Steve Rubel notes that Nick Denton has licensed Gizmodo to VNU in a deal in which “VNU will provide its local presence and its network of bloggers as well as its knowledge of the local consumer electronic players in Europe. Gizmodo’s content will be translated from English into 6 additional languages, then augmented with local coverage for each market. Besides English, Gizmodo.com now will be available in French, German, Dutch, Spanish, and Italian and covering the Belgium market in Dutch as well.”
If anyone wondered in new media has the business chops to become (and displace) old media, this is a deal to pay attention to–congrats, Nick, brilliant.