Dave B
16th February 2009, 16:51
Personally I never really bothered with Friends Reunited, given that they used to charge for anything beyond the most basic access. By the time they'd realised that the subscription model was doomed, MySpace and Facebook were already miles ahead.
Poor old ITV payed well over the odds for FR, £175 million, back in 2005 when it seemed to be dead in the water; and now they are trying to offload it to reduce their crippling debt. Analysts reckon (http://www.guardian.co.uk/media/2009/feb/16/friends-reunited-worth-20m) it could be worth as little as £20 million now, with adeclining user base and little income from advertising.
So does anybody here still use it? Did you ever? Or have you migrated to other (better) social networking sites?
Poor old ITV payed well over the odds for FR, £175 million, back in 2005 when it seemed to be dead in the water; and now they are trying to offload it to reduce their crippling debt. Analysts reckon (http://www.guardian.co.uk/media/2009/feb/16/friends-reunited-worth-20m) it could be worth as little as £20 million now, with adeclining user base and little income from advertising.
So does anybody here still use it? Did you ever? Or have you migrated to other (better) social networking sites?