Disney Acquires iParenting Media

Disney has acquired the iParenting network for an undisclosed sum. Appears that the chatter last week about Disney making moves is starting to happen. It looks like iParenting will be merged with the Disney Family Web site over time. I don't know much about iParenting but it looks pretty robust in content and has some Web 2.0/social networking features including tags and blogs.

The iParenting.com network has more than 40 Web sites devoted to the entire family lifecycle – from preconception through the teenage years. Accompanying the English Web sites are 11 Spanish parenting Web sites at iParentingEspanol.com. 

Earlier this year, Disney acquired Club Penguin for "up to" $700 million.