Disney bought FanLib, according to Screen Digest.

Dec 18, 2008 13:35

Disney did buy FanLib, according to an acronym-studded online business presentation by Guy Bisson of Screen Digest, dated 10/31/2008.

If Disney bought FanLib, then what is it doing with it? Nothing... yet.

In May of this year, Disney chucked its huge Virtual Magic Kingdom, and announced it was doing a major online overhaul, investing up to $100 million. The rumor that Disney was purchasing FanLib started a month later.

This tallies with Rafat Ali's article in August (after FanLib announced it was closing) that "Disney will be completely retooling FanLib with a focus on its own properties, instead of fan fiction and other networks' TV shows and movies."

Guy Bisson's presentation, titled "Best Practices in times of TV 3.0," lists FanLib as a Disney asset on page 22.

If FanLib was sold to Disney, why didn't Chris or David Williams confirm it? Well, for one, because they didn't have to. FanLib was a private company. No explanation for FanLib's closure has been given to this date. Two: the sale to Disney, if true, was monumentally hypocritical and exploitive. Pretending to be the champions of fanfiction, the Williams brothers used the free labor of 25,000 members to make a profit for their venture capitalist investors. The men behind FanLib are still out there trying to make a buck off us; they need to avoid a reputation for ripping off fans. Uh, guys? It's too late.

A free Life Without FanLib T-shirt for the first person who spots a Disney crowdwriting venture. Not applicable to former employees of FanLib.

disney buyout, news: trades

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