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January 4, 2005
6A Acquires LJ
Six Apart is acquiring LiveJournal, according to Om Malik. The result is the largest blog vendor, and a fairly independent one at that.
LJ is a web scale hosted service at 5.6M users, with 1.4% generating $2.325M/yr. 6.5 million users combined, or blogspace is 40M users including bloggers and readers, possibly if you assume the Pew study, but that would be 80% of blogspace when you stick journalspace in the peanut butter. And all this stuff is growing.
Follow along with this watchlist (RSS)
Update: It’s official, 6A/LJ Press Release, Mena’s Mood: Optimistic, Brad’s Mood: Excited, Six Apart Interview
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