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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: 5, Informative) by Phoenix666 on Tuesday July 28 2015, @03:13PM
I feel a little bad for them. When CmdrTaco left Slashdot, it was like a death in the family and a real wake-up call. I wound up putting his new venture, Trove, in my go-to links because I thought he had really done something good at Slashdot. And even after he was gone I cut Slashdot a lot of slack. I defended their little video escapades. I tried to overlook the Slashvertisements. But things went downhill quickly from there, with their "Slashdot for Business" that was trying to "leverage" the community into CIO/CTO eyeballs. Of course, the coup de grace was Beta. Dice just wouldn't listen. It seemed Timothy and Rob Rozeboom(sp?) were doing their best to roll with the punches, but still, they stayed. At some point you have to walk away from dirtbags for integrity's sake, but they never did.
Washington DC delenda est.
(Score: 2, Interesting) by Anonymous Coward on Tuesday July 28 2015, @03:25PM
Well, now the dirtbags are walking away. So maybe sticking around was not the wrong thing to do.
(Score: 1) by danaris on Tuesday July 28 2015, @07:00PM
You know Beta died months ago, right? It was clear that Slashdot wasn't totally lost to Dice's greed for some time.
Dan Aris
(Score: 0) by Anonymous Coward on Tuesday July 28 2015, @07:15PM
But the near similar barf that is m.slashdot.org has yet to die.
(Score: 1) by jmoschner on Wednesday July 29 2015, @03:09AM
Beta died because Dice had already decided the slash media properties were not in their best interests. Decisions to dump properties are usually not made or executed quickly. This was likely in the works for some time as Dice realized they were never going to fully monetize the sites.