Friends Reunited closing down

Discuss anything not related to comics here and if you are new to these boards, introduce yourself here.

Moderators: AndyB, colcool007

Post Reply
User avatar
Digifiend
Posts: 7275
Joined: 15 Aug 2007, 11:43
Location: Hull, UK

Friends Reunited closing down

Post by Digifiend » 18 Jan 2016, 17:38

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

User avatar
ISPYSHHHGUY
Posts: 4275
Joined: 14 Oct 2007, 13:05
Location: BLITZVILLE, USA

Re: Friends Reunited closing down

Post by ISPYSHHHGUY » 19 Jan 2016, 10:41

DCT must have lost a lot of loot on that one--they paid millions to acquire FIENDS REUNITED.

User avatar
Digifiend
Posts: 7275
Joined: 15 Aug 2007, 11:43
Location: Hull, UK

Re: Friends Reunited closing down

Post by Digifiend » 19 Jan 2016, 19:14

So did ITV - they made a massive loss when they sold it to DCT in 2010.

User avatar
colcool007
Mr Valeera
Posts: 3748
Joined: 03 Mar 2006, 18:06
Location: Lost in time, lost in space
Contact:

Re: Friends Reunited closing down

Post by colcool007 » 19 Jan 2016, 21:31

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.
I started to say something sensible but my parents took over my brain!

User avatar
ISPYSHHHGUY
Posts: 4275
Joined: 14 Oct 2007, 13:05
Location: BLITZVILLE, USA

Re: Friends Reunited closing down

Post by ISPYSHHHGUY » 20 Jan 2016, 10:59

Ah....a snip at 25 M!


Thanks for clarifying that one, my fellow Scot.

Post Reply