ITV bought Friends Reunited for £175m, now amongst other financial troubles they have sold it for just £25m.
The BBC News reports
ITV has sold Friends Reunited for £25m, despite having agreed to pay a total of £175m for it in 2005.
So who has bought it?
The buyer is Brightsolid Limited, which is owned by DC Thomson, Dundee-based publisher of comics such as the Beano.
An old time publisher…
I wonder what they (if anything) will do with it.
The problem that I would say is that Friends Reunited’s time has passed. People who are love it are still there, those who tried it have moved onto other things, like Facebook or Twitter.
Would you go back to Friends Reunited?