Weblogs Inc. Sold!

Filed in: Weblog — October 7th, 2005

PaidContent.org learned from multiple sources that AOL has bought Weblogs Inc., one of the most popular blogging network for USD$20 millions (estimated).

Weblogs Inc, the blog media company founded by Jason Calacanis and Brian Alvey, is being bought by America Online, paidContent.org has learned from multiple sources. The deal is done and should be announced this week…(Updated: it might be announced tomorrow AM now.)

Among the other companies Weblogs Inc talked to included the usual suspects: News Corp, Yahoo and MSN…

[ Read PaidContent, via weblog tools collection ]

Thought

Weblogs Inc. is a successful blogging network. Many of its blogs are top blogs of the Wold. The network earns USD$1 milllion from Google Adsense in a year. That’s still exclude the premium advertisements revenue. USD$20 millions is a good deal. However, what I concern most is how much AOL will change Weblogs Inc.? We will get content or AOL will ruin it?

More readings:
AOL Buys Weblogs to Boost Blog Presence
AOL buys Weblogs Inc.?

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colbert

LCF...when we gonna open a blogging network lar....One day...Maxis will buy us over. haha

jared l.

Bazil: You're wrong! WINS is still gonna operate as a separate entity of AOL. So, the quality and content would still be the same. I think it's a joy for those independent bloggers working for them at the moment... Well, this is just the first series of buyout from a bigger firm. There'll be a few more on the way...