Dictionary.com selsl for $100M
 

Wowza:

http://blog.cmnn.com/index.php?/arch...-for-100M.html

edit: sorry, thread title cannot be edited. I feel stooopid.

Nice name.. what a deal!

I use that site network at least daily.

Hopefully it won't go to shit now.

Kinda figured something was up when they started using pop-over advertising a couple months ago... I was feeling all empowered because I wrote them an email, and the next day, they stopped using those ads. :1orglaugh

You should also feel stupid because it was 100m for dictionary.com , thesaurus.com and reference.com combined not just dictionary.com.

Maybe dicksonharry.com will sell for $100,000?

what a sale :thumbsup

Damnit, I used that several times a day also.

Whoever the sell was just cashed in!

Damn, that's quite a big sale indeed....

Eddie, I'll always feel smarter than you though, so it's all good, ya' deep sea troll :thumbsup

Great deal for the seller and perfect timing I'd say...let's see how long the hype lasts. It's certainly an awesome package, but with an EBITDA of $2.9 million last year they better find more effective ways to monetize it.

Thats alot of coin. :):(:disgust:1orglaugh

Very resourceful site. Have been a frequenter for years.

They scored.

lot of money.

In 2006, it (Lexico Publishing Group) generated revenues of $7 million, EBITDA of $2.9 million and net income of $2.8 million.

They got 14x yearly revenue. That's pretty damn good for an online business based on ad revenue.

Dam thats a great site I use allmost daily but 100m thats some real cash

Well, that network is one of the best resources around. Hopefully the new owners won't turn it to shit or start charging a subscription fee for the basic services.

lot of money, but yeah, I use it daily, too.

Fuck!! I wanted to pay 200M for it! Shit what will I do now :(

Wow

couldnt the buyer just get himself a paper dictionary like everyone else got for less than $100 instead of spending milions for the online one?

There's no money in domains.

Lol, "Dictionary.com sells for $100M." Not quite.

Answers.com "has entered into a purchase agreement to acquire Lexico Publishing Group, LLC", of which, some of their assets include Dictionary.com, Thesaurus.com, and Reference.com. They're acquiring the company and their established businesses for $100M.

great for the domain industry, but a terrible price for this... based on the net income of the site alone answers.com just paid almost 40x yearly earnings.

Thats a pretty fucking huge bet that the Internet will remain in it's current shape and form for the next 40 years... plus a *huge* chunk of dictionary.com's traffic is paid not organic.

I'd be willing to bet my life's savings that the internet will not only maintain, it will grow beyond what you or I can imagine in the next 15 years. And a word on a .com as rudimentary as "dictionary" will not fall short.

In 20 years, we may have gotten away form any kind of .com, or the internet as we know it, but those domains will have served their purpose well for the new owners.

I believe that within 20 years the Web will be navigated using only Semaphore. I just started studying it so that I can keep ahead of everyone else.

/me uses dictionary.com to look up semaphore

14x is good - but I suspect the new owners see ways to match up the sites with things that they have going on to increase the overall revenue. That is the key to a deal like this, the feeling and the plan to make more than the site(s) currently make when you buy them.

As others have said, hopefully any changes made to the sites won't take away the utility and make them worthless. I use it all the time when playing scrabble (nice to have a laptop to settle disputes!)

hahahahahahah

wow, amazing...

I use it daily. I hope it stays as is. Nice cashout.

haha :1orglaugh:1orglaugh

suckers !! they have one at the library for free..


but holy crap is that ever a good deal.. i bet they could make that back in 1 year with that portfolio.

dude for jew that lives near wall street you sure make some stupid posts from time to time

Lol.

I have to be honest - I just used wikipedia to do the same thing.

But your solution's a lot more topical. :1orglaugh

I guess the guys buying this must have a good idea to monetize it.

If the development of technology continues as it did in the past 50 years, it will take MUCH LESS than 20 years for things to change DRASTICLY around here.

The computing power we will have in 10 years alone will be INSANE by today's standards.

Yo Slavick, can you email me at webmaster at blackporno dot net... I need to speak with you.

I use the site quite a lot but only to check spellings. I could just as easily cut and paste into word.

hopefully they dont change it into something fucking stupid, i actually use those sites

I use their firefox plug ins...dictionary, and thesaurus. :thumbsup

Nice bit of beer money.

I use that site a lot... wohoo...

wow that's some nice cash

what a good place to try and sell sexdictionary.com for $10,000!

email me [email protected] :o)