Forbes Media Acquires Majority Stake in RealClearPolitics.com

Gearing up for the presidential election, Forbes Media has acquired a 51% stake in political Web site RealClearPolitics.com.

Founded in 2000 by John McIntyre and Tom Bevan, RCP selects and publishes choice commentary, news, polling data, and links to important resources from all points of the political compass. McIntyre and Bevan are expected to stay on in their leadership roles. Financial terms of the deal were not disclosed.

RCP brings with it a short history of high-level partnerships. In January, it struck a deal with WashingtonPost.com to produce a daily news feed of opinion, commentary, polls and analysis from around the Web.

The site also received a strong endorsement from Forbes president and CEO, and one-time presidential hopeful, Steve Forbes.

"Republicans, Democrats, Independents--anyone with an interest in politics and its impact on the economy--all find this site indispensable for staying on top of critical news and analysis," Forbes said in a statement. "It will be even more critical as the election season heats up."

RPC joins a growing Forbes digital network, which already includes Forbes.com, ForbesTraveler.com, ForbesAutos.com and Investopedia.com.

Along with other forward-thinking publishers, Forbes has been aggressively exploring new distribution and monetization mobile online. This summer, its flagship site launched eight separate widgets with the help of widget syndication startup WidgetBox. With topics ranging from "technology" to "lifestyle," Forbes has been encouraging users to embed the widgets on their blogs, social media pages and home pages, thus proliferating the publisher's content across the Web.

Also this summer, Forbes partnered with MoneyShow.com, an online destination for investors and traders. MoneyShow's audience now has access to investment content provided by Forbes.com and Forbes newsletter editors. Online sections from Forbes also include the Video Stock of the Week, Investing Ideas, Guru Insights, ETFs and Mutual Funds.

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