ITV sells Friends Reunited for just £25m

ITV bought Friends Reunited for £175m, now amongst other financial troubles they have sold it for just £25m.

The BBC News reports

ITV has sold Friends Reunited for £25m, despite having agreed to pay a total of £175m for it in 2005.

So who has bought it?

The buyer is Brightsolid Limited, which is owned by DC Thomson, Dundee-based publisher of comics such as the Beano.

An old time publisher…

Hmmm…

I wonder what they (if anything) will do with it.

The problem that I would say is that Friends Reunited’s time has passed. People who are love it are still there, those who tried it have moved onto other things, like Facebook or Twitter.

Would you go back to Friends Reunited?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s