verizon sells tumblr to wordpress' parent company, automattic

[yeezus_christ]

Tumblr is being sold by Verizon to Automattic, the parent company of Wordpress. https://t.co/FF4zHF2fyW
- Twitter Moments (@TwitterMoments) August 12, 2019

• verizon is selling tumblr to automattic, the company behind the blogging tool wordpress. while the size of the deal has not been publicly announced it's estimated at less than $3 million.

Comments

[ms_mmelissa]

yahoo bought the site in 2013 for $1.1 billion, but never really found a way to compete with the explosive growth of social networks like instagram. yahoo would eventually write off about $230 million of the site's value in 2016, and things didn't improve when verizon bought yahoo.

I mean holy shit.

I still really love tumblr, it is just so great as an image posting site.I hope this deal is good for it. I did notice that there is waaaaay less activity on there after the dumbass porn ban which didn't even really ban porn but did fuck up my ability to post things like ferris wheels. Their content appeal algorithm is way better than when it first started but it still sucks.

[flowerssleeping]

the porn ban was laughable. i get so many porn bots following me or liking my posts, i've blocked so many since the "ban".

[screamingintune]

tbh I never used the site for porn, and now I can go into any actor tag and not see a bunch of 1) repetitive low-fi screencaps of any nude scene they've ever done, 2) porn manips or 3) porny fanart.

this honestly applies to more than just individuals too. like video game tags could really be truly cursed places pre-porn ban. i do not miss it lol

[slaughtermatic]

mteee like shit let me tumblr star wars without needing therapy after

[sandstorm]

[totteringg]

Jesus Christ $3 million?

[flowerssleeping]

tumblr is just relaxing to me. my dash is just editorials, nature pics, cute animals, etc.

[lolzerz]

i agree my tumblr feed is just nice aesthetics.

[dreamerbri]

ia

[genbu_no_miko24]

same.

[trendsnational]

1.1 billion to less than 3 million damn Yahoo fucked that company. The guy who sold it made a fortune like Tom from Myspace and peaced out.