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Friends Reunited to be sold at £160m loss?

Poor old ITV. It dived into the world of social media just as the tide was turning. Now, according to the Mail on Sunday, it could be selling Friends Reunited for a paltry £15 million; that’s £160million less than it paid for it 4 years ago! FR was rather a one trick pony though, wasn’t it? Once you...
Posted to DigiTALK (Weblog) by Mark Tomkins, TDA on 27 Jul 2009

Bleak future for Friends Reunited?

As ITV considers unloading Friends Reunited for a knockdown price the future looks uncertain to bleak for the one time darling of the UK internet scene, which has long been superseded by more nimble rivals. One of a number of things is going to happen to Friends Reunited: it will either shrivel into...
Posted to Gordon's Republic (Weblog) by Gordon Macmillan on 16 Feb 2009

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