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Posts Tagged friends-reunited

Is Friends Reunited Losing Money?

They must be! I didn’t renew my Friends Reunited membership, like I suspect an awful lot of people.. Why? Read on to find out… A Bit of History Friends Reunited was a phenomenon, a real home-grown internet success story and everyone loved it, grown out of a card-index in a back bedroom to become a multi-million pound business. There was the usual elements of bullying and trouble – but lets face it, it was just like being back in the school playground! Back in 2005 Friends Reunited was bought by ITV, a somewhat odd transaction in many peoples minds. The deal at the time was £175m (£120m + £55m in bonuses) for the four year old site that was expected… Continue reading »

by Keiron on October 19th, 2007 | Blogging & Communities | No Comments » |