Monday, December 04, 2006

The Blog Herald Sold To An Undisclosed Buyer

On Sunday night it was announced that The Blog Herald, a leading blogging news site was being sold, again. It was acquired just 10 months ago from blogging mogul Duncan Riley by BlogMedia, Inc. which is now ProBlogging, Inc. The sale is the most recent in a series of selloffs by the company who is looking to refocus on blog consulting. The sales of BlogNetworkWatch and BloggerJobs were also finalized.

The sale of The Blog Herald was unplanned and came about after multiple buyers expressed their interest in purchasing it. The new owners decided to remain unknown for now with the announcement of the purchaser(s) coming in the near future. All of the bloggers who are currently with the site will remain through December until the new ownership makes a decision on their futures.

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