Huh, Verizon has sold Yahoo and AOL.
Verizon sells AOL and Yahoo for about half of what it paid
For half of what they paid for them. 🤦♂️
To a private equity firm. 😬
Flickr and Tumblr REALLY lucked out that Verizon put in the effort to look for a photo-sharing company and a blogging company to sell them to instead of just muddling along with no idea what to do with them until they just wanted to unload them.
Expanded on K2R: Ya-who? Flickr and Tumblr Were Lucky!
Link to blog post on Twitter
Wow. Automattic bought #Tumblr from Verizon for less than $3 million.
Verizon is selling Tumblr to WordPress’ owner
Considering Yahoo bought it for $1.1 *billion* back in the day…
Yahoo really squandered it. And Verizon, I think, just wanted to get rid of it.
At least it’s going to an actual social media company instead of another conglomerate. I was half expecting Verizon to try to monetize it into the ground and close it once everyone but the die-hard users had given up on it.
And they seem to understand that Tumblr and WordPress are different types of sites and different types of networks, so he’s unlikely to try to merge them into a frankenblog or try to migrate people from one to the other.
Still in wait-and-see mode – after the dust settles, will they change the way ads work? will they change the ToS again? – but I’m more confident that Tumblr will still *exist* next year than I was a few months ago.
Expanded on K2R
Wow, that shoe dropped sooner than I expected. Verizon is *already* shopping around to sell #Tumblr. I figured it would be toward the end of the year.
Verizon is looking to sell Tumblr after squandering its potential
I backed up all of my original Tumblr content in December, and I’ve imported a few posts to my blog. And I started paring down what was left.
As I said back in January:
“It’s clear that Verizon has even less idea what to do with Tumblr than Yahoo! did. When they finally give up trying to monetize what’s left of the user base, they’ll have no incentive to keep it going. Or to respect all the user data they’ve amassed.”
Why I have more confidence in Flickr/SmugMug than Tumblr/Verizon
Here’s hoping Tumblr finds a suitable buyer who understands what they’re getting and is willing to invest in the community, not someone who just wants to squeeze out the last few drops of monetization before sending it to join GeoCities in the great Internet Archive in the Sky.
Expanded on K2R: Verizon is Already Trying to Sell Tumblr
Link on Twitter
Link on Tumblr
This is promising: SmugMug has bought Flickr & plans to “maintain Flickr as a standalone community of amateur and professional photographers and give the long neglected service the focus and resources it deserves.” (quote from article)
Now I don’t have to worry about Verizon shutting it down!
Exclusive: Flickr bought by SmugMug, which vows to revitalize the photo service
And the Flickr Q&A
Now I know why AT&T's website couldn't figure out whether our future address can get U-Verse. The city's phone service is handled by Verizon. (And yes, FIOS is available!) You'd think someone would program it to say, “Sorry, AT&T does not service this area” instead of, “I don't recognize that address. Would you like us to research it and get back to you in 2 weeks?”
I wonder if Lucasfilm will try to assert trademark over the Motorola/Verizon Droid?