Disney quietly shut down Babble, the parenting blog it once acquired for $40M

As Disney gets closer to launching a shiny new video service and continues to ramp up efforts in other new streaming areas like gaming, it looks like it might be winding down one of its more legacy bets. Babble, a parenting blog that Disney acquired reportedly for about $40 million to help it target hipster parents, quietly ceased publishing in the middle of December, TechCrunch has learned.

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