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FS tells me that Ars Technica reports that Dice is selling the Slashdot and Sourceforge sites. The company in their second quarter earnings announcements stated they have "not successfully leveraged the Slashdot user base to further Dice's digital recruitment business", and are planning to divest this business.
The report goes on to note that in spite of what the report calls "an incredibly loyal and passionate following of tech professionals," Slashdot and SourceForge aren't core to DHI's business and that DHI has partnered with KeyBanc Capital Markets to advise DHI on the sale. There is no buyer lined up yet.
The report also says that Slashdot Media (the aggregate of Slashdot and SourceForge) made $1.7 million in revenue for the second quarter and that it's estimated Slashdot Media will pull somewhere between $15 million and $16 million in revenue for fiscal 2015.
(Score: 2) by gallondr00nk on Tuesday July 28 2015, @03:33PM
That the new owner at least has some idea of what makes a site like Slashdot tick. Perhaps they'll all come here ;)
It says everything about rise and decline on the web. 10 years ago Sourceforge and Slashdot were big fucking hitters.
I wonder in an alternate universe what would have happened if /. had gone through with the beta changes and basically whored out its own community as Dice intended. Would they still be selling it?
(Score: 3, Touché) by Reziac on Wednesday July 29 2015, @02:38AM
Yes, but for about ten cents on the dollar.
And there is no Alkibiades to come back and save us from ourselves.