Browsing All posts tagged under »credit crunch«

Good news! The $15 million blog sale

October 14, 2008 by

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Image via CrunchBase Want some good news? Then read the fantastic story about Johns Wu, 22, who sold his blog for $15 million. With all the attention surrounding the global economy, the credit crunch, falling print readerships and ad revenues, this demonstrates the growing importance in online and seo. The full interview with Johns on […]

Offers for Reed Elsevier’s trade publishing division drop

October 10, 2008 by

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Image by ●๋• Cishore ♥ via Flickr According to a report today from Bloomberg,  bids for Reed Elsevier Plc‘s trade magazine division have slumped, reportedly from $2.3 billion in August, to $1.7 billion. Banks are struggling to finance the deal because of the credit crunch. Related articles by Zemanta RBI Sale At Risk Of Falling […]