SUP, an international media company based in Moscow, has acquired LiveJournal from Six Apart, Ltd. LiveJournal is one of the worldâ€™s leading global online communities, with a monthly audience of more than 18m unique visitors in nearly every country in the world. Additionally, SUP today launched a new U.S. company, LiveJournal, Inc., based in San Francisco, which will manage and operate LiveJournal.
This deal is the second agreement between SUP and Six Apart. In October 2006, SUP concluded a licensing agreement with Six Apart to support and develop the large Russian segment of LiveJournal, which now represents 28% of its monthly audience. In the past twelve months, SUP and Six Apart have worked in close collaboration to improve LiveJournal for Russian users during which time the community has almost doubled.
More information on the acquisition is available at http://community.livejournal.com/LJ_2008/.
Originally posted on December 3, 2007 @ 10:58 am