The Idolator music site is being bought by social networker Buzznet, "the music site which says it doesn't want to roll up other music blogs, but seems to do so, anyway. This was the last of the three deals to be finalized, which apparently happened over the weekend," according to Silicom Alley Insider. Buzznet also recently bought Stereogum.
Nick Denton's Gawker Media also off-loaded Wonkette to new owners. Gawker apparently did not get top dollar for nay of the blogs. Denton and others are predicting a shakeout in the blog sector. I sure hope the new Idolator editors link to Hyepbot as often as the last ones. And don't worry, as an indie Hypebot is going strong and we're looking at some additions and spin-offs.