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From $1.1 billion to around $3 million: A look behind the scenes at Tumblr's fall
Axios:
From $1.1 billion to around $3 million: A look behind the scenes at Tumblr's fall


10 days ago


 Additional Sources

Tech Crunch:
Daily Crunch: Verizon is selling Tumblr
The Next Web:
Yesterday, Automattic, the creator of WordPress, announced it had acquired Tumblr for “less than $3 million” from its previous owner, ...
Extreme Tech:
Just a few years ago, the site was worth $1.1 billion.
Independent (Irish):
Tumblr, once one of the powerhouse platforms for online blogging and social media, has been sold for a reported $3m (€2.7m).
Business Standard:
Tumblr was acquired by Yahoo for more than $1 billion in 2013 and Verizon acquired it as part of its deal for Yahoo in 2015
Independent Online:
Verizon Communications Inc. agreed to sell the blogging platform Tumblr to Automattic Inc.
Beta News:
A mere two years after acquiring it, Verizon is selling Tumblr. Full details of the deal have not yet been revealed, but the micro- ...
Tweak Town:
Tumblr to marry WordPress in rumored $20 million acquisition
FinSMEs:
Automattic, the San Francisco, CA-based parent company of WordPress.com, is to acquire media network Tumblr from Verizon Media. The ...
Telecom Paper:
(Telecompaper) Verizon has agreed to sell the blogging website Tumblr to Automattic, the owner of online-publishing tool WordPress.com, ...
 Verizon Selling Tumblr to WordPress Owner CFO:
Verizon is selling blogging website Tumblr to the web service company Automatic, the owner of blogging platform WordPress.com. The sale…
Star Advertiser:
NEW YORK >> Verizon is selling Tumblr, a darling of early social media, to the owner of blogging platform WordPress.
Tech Digest:
Microblogging platform Tumblr is being sold off by American telecommunications company Verizon, just two years after it was acquired as ...


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