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Earlier quoted context omitted.
Not sure what you mean by that
Flickr is the only part of Yahoo that is worth anything. The question is how much.
https://petapixel.com/2016/03/22/flickrd-rise-demise-photo-s...
I find flickr with Creative Commons search incredibly valuable.
> Yahoo finance and Fantasy and Sports are MUCH bigger then Flickr.
One potentially alarming sentence in this article is "Wix will open up DeviantArt’s repository of art and creative community to the Wix platform, giving Wix’s users access to that work to use in their own site building." Exactly what do they mean by that? Will it be opt-in? Will it only cover art that's already under Creative Commons? Will be it all Creative Commons? Does a Wix site count as commercial use? I can't i…
You cannot unilaterally change the license on someone else's work. A lot of images on DeviantArt are under very restrictive licenses. I'm assuming they will present an option for artists to allow their work to be used on Wix sites in exchange for royalties, with the middleman taking a percentage of said royalties.
I find the valuation a little surprizing, but I guess that is what happens when you value an established business on actuals instead of potential. Good get wix.
DeviantArt has always been a nice community. I find it surprising that the price is so low given that they add a lot of value.
the deal will increase its revenue outlook by around $8 million So around a 4.5x revenue multiple, which doesn't seem bad for a business that isn't growing rapidly(?)
DeviantArt has always been a nice community. I find it surprising that the price is so low given that they add a lot of value.
Having moved in Deviant Art circles (some time ago, admittedly) I'd say one reason for the low price might be that, somewhat like Reddit, the core values of the community make it challenging to monetize.
One potentially alarming sentence in this article is "Wix will open up DeviantArt’s repository of art and creative community to the Wix platform, giving Wix’s users access to that work to use in their own site building." Exactly what do they mean by that? Will it be opt-in? Will it only cover art that's already under Creative Commons? Will be it all Creative Commons? Does a Wix site count as commercial use? I can't i…
You cannot unilaterally change the license on someone else's work. A lot of images on DeviantArt are under very restrictive licenses. I'm assuming they will present an option for artists to allow their work to be used on Wix sites in exchange for royalties, with the middleman taking a percentage of said royalties.
From 2001-2007 I worked on helping build the community at dA. Had such an interesting and unique childhood and teenage years due to deviantART (and IRC). I owe everyone from that time a huge thank you for helping me become who I am today. It lost all it's magic (for me) when Scott and Eric Kolb left. Angelo is an absolutely amazing guy and I really really admire him but it was pretty sad to watch the community die. F…
Earlier quoted context omitted.
the deal will increase its revenue outlook by around $8 million So around a 4.5x revenue multiple, which doesn't seem bad for a business that isn't growing rapidly(?)
Since when does revenue matter? That's like selling a car dealership that does $100mm a year for $450mm, when the profit is only, say, 5% per car sold.