Stories
Slash Boxes
Comments

SoylentNews is people

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.


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This discussion has been archived.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 spxero on Tuesday July 28 2015, @08:39PM

    by spxero (3061) on Tuesday July 28 2015, @08:39PM (#215038)

    I echo the underestimated sentiment. There were three items that pushed me away, and two of them were in the direct control of the site. The first was beta. I just want to read the site in an easily viewable format with easy to view comments. The second was the video. Most, if not all, of my /.-viewing time is at work. Having to put headphones on to view the video just didn't work, and the content was far from well-produced. Most of what I saw in video could've been covered in a summary. Both of these are products of having a job where my slack-off time is valuable, and viewing something they tried to evolve into Facebook with video is far from appealing.

    The third item for me was the lack of quality comments as well as how many comments were on an article before I even saw it. Too many users without meaningful discussion.

    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2