Who says blogging hasn’t turned mainstream? We’re enjoying the sunshine in Virginia Beach for a few days. Met a fellow by the pool and the conversation turned to the usual- where you from, what do you do, how did you hear about this hotel… Turns out that my new friend found out about our hotel through bloggers comments…
The Well is for sale
webcommunities reports that:
The Well, an online community founded in 1985, is to be sold by it’s current owner Salon.com. Salon bought the community in 1999 for US $5 million. Since then, it’s always managed to turn a profit but memberships (costing $120 to $150 per year) have declined from 6000 to 4000 between 1999 and
today.
Salon expects to achieve a sale price of around $500,000 – about the equivalent of one year’s subscription fees. That’s probably a bargain if the members themselves buy the community…
More.