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Breaking News
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.


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  • (Score: 2) by DECbot on Tuesday July 28 2015, @06:16PM

    by DECbot (832) on Tuesday July 28 2015, @06:16PM (#214979) Journal

    The way I read the GP post was that the grognardy and cumudgeonly user base resists being taken advantage of in the most immature ways. Much like how you would expect a 13 year old userbase would react.

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