1000+ Startup, SME's & Enterprises
August 13, 2019

Verizon to Sell Tumblr to the Owner of WordPress

Consult Our Experts

Table of Contents

Verizon Communication, an American multinational telecommunications corporation and a Dow Jones Industrial Average component’s, has decided to sell Tumblr to the owner of WordPress Automattic Inc. As per The Wall Street Journal, the amount is not revealed yet.

Verizon, which initially attained Tumblr in 2017 after Yahoo, has begun to figure out a sale former this year. As per the report by Axios, Automattic purchased Tumblr at a lesser price, i.e., $3 million, which is a dramatic fall in value from $1.1B Yahoo compensated for it in 2013.

Verizon Media CEO Guru Gowrappan mentioned in a statement, “Tumblr is a marquee brand that has started movements, allowed for true identities to blossom and become home to many creative communities and fandoms.” Adding further, he said, “We are proud of what the team has accomplished and are happy to have found the perfect partner in Automattic, whose expertise and track record will unlock new and exciting possibilities for Tumblr and its users.”

Tumblr was formerly an enormously significant power in the blogging & social media sphere. However, it turned out to be less so under Yahoo and later Verizon’s ownership. In the meantime, podiums, such as YouTube, Snapchat, and Instagram, moved to seal the space and grow to be much better educational forces as a consequence. Still, Tumblr has an extraordinarily active and devoted community.

That became quite obvious to Verizon leadership the most recent year at the time Verizon planned to forbid adult content on its podium previously in December. Tumblr proceeded as a secure haven for a lot of LGBTQ participants who utilized the stage to discover and articulate their sexuality. Also, to figure out an online community that shared those interests or niches.

The choice to forbid all categories of adult content directed several to prohibit the website and the forbid separated a noteworthy part of the user base of Tumblr.  Automattic Inc.’s CEO Matt Mullenweg informed the Journal that there are plans for reversing those decisions. Instead, Tumblr is going to proceed as a “complementary” website to WordPress.

Also Read: South Korea Unicorn Startup Raises $64 Million in Fresh Funding

Mullenweg informed the Journal, “WE’RE NOT GOING TO CHANGE ANY OF THAT.” “It’s just fun,” “We’re not going to change any of that.”

According to the report, one division of being a balance to WordPress is perhaps sharing services, as well as functionality. Tumblr consists of a mobile interface, which executives, may utilize to influence the mobile platform of WordPress. It’s indistinct what additional services the two organizations might share. However, bearing in mind both are blogging stages to a few amounts, there is a room for testing.

The founder of Tumblr in 2007, David Karp, left the corporation in November 2017. Though he didn’t talk about his analysis at the time, he inscribed in a private blog that he had believed in the organization’s future. “I beg you to understand that my decision comes after months of reflection on my personal ambitions,” Karp put pen to paper at the time, “and at no cost to my hopefulness for Tumblr’s future or the impact I know it can have.”

Disclaimer

 

Hire Our Development Experts.

    About Author


    Akansha Pandey, Director of Sales at Fluper, is a leader in technology sales with a decade of experience. Known for her strategic approach, she excels in driving business growth and forging strong client relationships. Akansha's expertise lies in consultative selling, team leadership, and exceeding revenue targets. Passionate about mentoring, she enjoys sharing insights with aspiring sales professionals.

    Akansha Pandey

    What Makes Fluper Different?

    Fluper is not an idea but an initiative to bring transformation aided by technology
    Learning with a team of seasoned experts and agile thinkers is a real-life experience.

    15+ Million

    Users Engagement

    Guaranteed

    Project Delivery

    Free

    Business Analysis

    Project

    Penalty Enforcement

    IBM

    Certified Partners

    1000+

    Projects Delivered

    16+ Years of

    Of IT Exposure

    Support

    24*7 Availability
    Our Blogs
         

    Transform Your Business With Insights on Digitalization, Automation, Technology Integration and ICT Trends.

    May, 20.2024

    App Development:

    Android apps that are dangerous for
    you, check now how to be safe!

    Read More

    Client's Testimonial

    We’ve been lucky to collaborate and deliver transformation
    with a long list of overseas clients.

    Their Statements are Proud
    Testaments to our Dedication

    Fluper is the best ICT Company that navigates the digital frontier with unmatched solutions pursuit for excellence. Undoubtedly, there is an intense contribution of agile thinkers and growth facilitators behind the screens of our developing excellence.

    • 4.5/5.0
    • 4.8/5.0
    • 4.9/5.0
    • 4.6/5.0
    • 4.8/5.0
    • 4.9/5.0

    1000+ Startups, SMEs & Enterprises

    Launch your million dollar business idea into a successful growth story.
    • Free Marketing

    • 2.5 Year Post Launch Assistance

    • Money Back Guarantee

    • Real-Time tracking & Support

    Schedule Call

    Our Global Presence

    500+

    Startups

    300+

    SMEs

    200+

    Enterprises

    We Built

    1000+

    Brands Globally

    30+

    Countries Served

    Office Address

    C- 142, Sector 63 Rd, C Block, Sector 63, Noida, Uttar Pradesh 201301

    Call Fluper

    IND: +91-959-955-1432

    Drop An Email

    [email protected]

    Our Skype Id

    live:hirefluper

    Whatsapp Fluper

    Global +91-9599551432

    Office Address

    104 Yes Business Tower, Al Barsha 1 Dubai

    Call Fluper

    UAE: +971-54-700-4175

    Drop An Email

    [email protected]

    Our Skype Id

    live:hirefluper

    Whatsapp Fluper

    Global +971-54-700-4175

    Office Address

    Building 1913 2nd Floor, Manama, Bahrain

    Call Fluper

    Bahrain: +973-3222-0548

    Drop An Email

    [email protected]

    Our Skype Id

    live:hirefluper

    Whatsapp Fluper

    Global +973-3222-0548

    Office Address

    Level 23, Collins Square Tower Five, 727 Collins Street Postcode VIC 3008 Melbourne Oceania Australia

    Call Fluper

    Australia: +61-29-1919-752

    Drop An Email

    [email protected]

    Our Skype Id

    live:hirefluper

    Whatsapp Fluper

    Global +61-29-1919-752

    Office Address

    120 High Road, East Finchley London, N29ED, Uk

    Call Fluper

    UK: +44-208-089-4432

    Drop An Email

    [email protected]

    Our Skype Id

    live:hirefluper

    Whatsapp Fluper

    Global +44-208-089-4432

    Office Address

    Laneoffice Suite Sarasota florida US.

    Call Fluper

    USA: +1-917-732-2131

    Drop An Email

    [email protected]

    Our Skype Id

    live:hirefluper

    Whatsapp Fluper

    Global +1-917-732-2131

    Let's Talk!