Six Apart sells LiveJournal to Russia's SUP

[mandy]

Blogging pioneer Six Apart is breaking apart from LiveJournal, another trailblazer that helped bring online journals to the masses.

The nearly three-year marriage is dissolving with Six Apart's sale of LiveJournal to Russia-based SUP a deal announced Monday. The financial terms aren't being disclosed.

SUP, which has already been running LiveJournal in Russia as part of a licensing agreement, plans to set up a new company in San Francisco to steer LiveJournal's global growth...

LiveJournal has been facing a stiffer challenge in the United States as more of its core audience -- teens and adults in their early 20s -- flocked to hugely popular Internet hangouts like Facebook and News Corp.'s MySpace to express themselves...

full article: http://ecommercetimes.com/story/Russian-...60568.html

[joebuilder99]

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[danny63]

that is a good deal they did there