Stories
Slash Boxes
Comments

SoylentNews is people

posted by janrinok on Tuesday July 28 2015, @02:42PM   Printer-friendly
from the let-the-cheering-commence! dept.

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.


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2) by tadas on Tuesday July 28 2015, @06:11PM

    by tadas (3635) on Tuesday July 28 2015, @06:11PM (#214973)

    Yes, exactly! I couldn't put it into words, but you have done so perfectly. And I think a lot of us have an affectionate spot in our hearts for some of those guys because we saw them in the Real rather than in the Polished modes.

    I'll never forget that there was a misspelling in the post where Taco proposed to Kathleen Fent on the front page. That was definitely real....

    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2