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Friends Reunited closing down 
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Joined: Wed Aug 15, 2007 11:43 am
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Friends Reunited is closing down. DC Thomson (which both the BBC and Digital Spy have referred to as DC Thompson, probably because it's spelt that way in the blog post they're citing :x) had given it's original founder back control of it, but he's decided to call it a day.
http://www.bbc.co.uk/news/technology-35343091


Mon Jan 18, 2016 5:38 pm
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DCT must have lost a lot of loot on that one--they paid millions to acquire FIENDS REUNITED.

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Tue Jan 19, 2016 10:41 am
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So did ITV - they made a massive loss when they sold it to DCT in 2010.

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Tue Jan 19, 2016 7:14 pm
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Mr Valeera
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ISPYSHHHGUY wrote:
DCT must have lost a lot of loot on that one--they paid millions to acquire FIENDS REUNITED.

DCT bought it for only £25 million in 2009. So while they may have lost a tidy sum, I believe they only bought the site to data mine it for the genealogical information within. And at the time, the information was considered to be worth that.

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Tue Jan 19, 2016 9:31 pm
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Ah....a snip at 25 M!


Thanks for clarifying that one, my fellow Scot.

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Wed Jan 20, 2016 10:59 am
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