this post was submitted on 11 Feb 2025
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[–] [email protected] -3 points 1 day ago (2 children)

All of you who were making a fuss over Threads had better act the same way about this - after all, it's Verizon.

[–] [email protected] 20 points 1 day ago* (last edited 1 day ago)

Verizon sold Tumblr to WordPress in 2019

[–] [email protected] 39 points 1 day ago (3 children)

No, Verizon does not own Tumblr. Verizon sold Tumblr to Automattic, the owner of WordPress.com, in August 2019

[–] [email protected] 2 points 1 day ago (1 children)

Oh. So it depends on your position on WPEngine instead.

[–] [email protected] 8 points 1 day ago

depends on whether matt mullenweg knows you exist

also i've only just realized why he named the company auto-matt-ic oh my god

[–] [email protected] 29 points 1 day ago (4 children)

I don't understand the logic. Verizon buys tumblr, knowing it has porn, knowing porn is what makes it popular.

Kills porn.

Kills the valuation of the brand

Sells for far less than they bought it for.

Explain please.

[–] [email protected] 9 points 1 day ago

It's the porn paridox. Porn gets users. Advertisers pay per user... but won't pay anything if there's porn. Users without advertisers or subscription costs are worthless.

[–] [email protected] 29 points 1 day ago (1 children)

They gambled that the additional ad revenue they'd be able to bring in with a sanitized web site would be greater than the revenue lost from some of their userbase leaving the site. It was a bad gamble.

[–] [email protected] 3 points 1 day ago

Yeah, the plan was similar to when Time-Warner acquired Myspace only to not understand what a social media site is inherently; then fumble the bag and sell as fast as possible. They really fucked themselves left right and center on that deal... but everyone's friend Tom is still a multimillionaire.

[–] [email protected] 7 points 1 day ago (1 children)

Wait wasn't it yahoo that initially killed the porn?

[–] [email protected] 10 points 1 day ago (1 children)

This all sounds like the Tenacious D song about trying to kill Rock & Roll

[–] [email protected] 6 points 1 day ago

The porn will strike you down with a vicious blow!

[–] [email protected] 13 points 1 day ago