Blog Herald Sold To Undisclosed Company
Matt Craven has let it be known that just ten months after acquiring the site from Duncan Riley, The Blog Herald‘s founder, they have closed a deal selling the site to an undisclosed buyer.
I am currently trying to get more details on the sale in a short impromptu interview with Matt Craven, owner of Problogging Inc, and the seller of the famed Blog Herald site.
Itâ€™s with a whole bag of mixed feelings that I find myself writing this post. Many of you have noticed over the last few months that weâ€™ve been working on refocusing our company. Our core business has always been the consulting work that weâ€™ve been doing since 1994 in one form or another. We also found ourselves not enjoying the blog network business as much as we used to do.. and with a hot market right now for existing blogs – it looked like a good time to divest ourselves of some of our sites.
This morning, for example, we finalized the sale of Blog Network Watch and BloggerJobs and a few other remaining blogs as well.
The well known online “cowboy” David Krug was enlisted to negotiate the sale, due to his expertise in buying and selling websites.
So far it seems like Matt will continue to write on The Blog Herald from time to time, but with him refocusing his efforts elsewhere, who knows how long that will last. Check out Matt’s new projects over at ProBlogging Inc’s website.