RTL Group Buys YouTube Network ‘StyleHaul’ for $107 Million

StyleHaul, the big YouTube fashion network that went on sale earlier this year, has a buyer: One of the big media companies that had already bet on the company. RTL Group, the European TV and radio conglomerate which had put $6 million into StyleHaul in 2013, will pay another $107 million to take control of the company. RTL says the deal values StyleHaul at $151 million. […] Earlier this summer, when one of StyleHaul’s backers told me the company could fetch $200 million to $300 million, I didn’t bother to print that estimate, because I didn’t want to look like the kind of person who just typed what people told me. Turns out there’s some merit to that approach. (Sometimes!) – Peter Kafka,Re/code 
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