Six Apart Sells LiveJournal To Russia's SUP | TechCrunch (original) (raw)
Six Apart has sold its hosting blogging platform LiveJournal, which it acquired in January 2005, to Moscow-headquarted SUP (pronounced “soup”), the company said this evening. Terms of the deal were not disclosed. SUP previously acquired licensing rights in October 2006 permitting them to manage LiveJournal in Russia, where the platform dominates blogging culture.
“This allows Six Apart to focus on their remaining three brands (Vox, TypePad and MoveableType)” CEO Chris Alden told me this evening. LiveJournal, created by Brad Fitzpatrick in 1999, was the lone service not built in house. “We have very ambitious plans for our remaining brands going forward” he added.
Since the 2005 acquisition, Live Journal has grown from 5 million to over 14 million accounts. But overall unique visitor and page view growth has been static for the last year. In October 2007 Comscore says LiveJournal had 13.8 million worldwide unique visitors generating 475 million page views. That’s up only slightly from the 11.1 million visitors and and 408 million page view per month a year ago.
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