Friday, May 03, 2019

Verizon is looking to sell Tumblr and Pornhub is interested | The Verge

Likely to sell for a bit less than the $1.1B Yahoo paid for Tumblr in 2013...
"Verizon is seeking a buyer for Tumblr, the blogging platform it acquired along with other Yahoo assets in 2017. The Wall Street Journal reports that Verizon has approached other companies in recent weeks that could be potential new homes for Tumblr. The platform hosts 465.4 million blogs and 172 billion posts, according to its about page. The Journal notes that the sale process “is ongoing” and might not result in any transaction.

On Thursday evening, Pornhub VP Corey Price claimed in a statement to BuzzFeed News that his company is “extremely interested” in buying Tumblr and “very much looking forward to one day restoring it to its former glory with NSFW content.” The company did not say whether it has actually made any legitimate offer to Verizon, however."
Verizon is looking to sell Tumblr and Pornhub is interested | The Verge

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