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	<title>Digital Daily &#187; SUP</title>
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	<description>by John Paczkowski</description>
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		  <title>All Things Digital</title>
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		<title>Fiascobook</title>
		<link>http://digitaldaily.allthingsd.com/20071203/ddv20071203/</link>
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		<pubDate>Mon, 03 Dec 2007 19:00:35 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
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		<title>In Soviet Russia, Blog Writes You</title>
		<link>http://digitaldaily.allthingsd.com/20071203/livejournal/</link>
		<comments>http://digitaldaily.allthingsd.com/20071203/livejournal/#comments</comments>
		<pubDate>Mon, 03 Dec 2007 16:27:15 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[Digital Daily]]></category>
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		<description><![CDATA[Having blown its chance to develop LiveJournal into what could well have been an early Facebook, the site&#8217;s owner, Six Apart, agreed yesterday to sell it to Moscow-based online media company SUP.
Financial terms weren&#8217;t disclosed, though Kommersant reports the deal to be worth some $30 million. The sale comes about a year after Six Apart [...]]]></description>
			<content:encoded><![CDATA[<p>Having blown its chance to develop LiveJournal into what could well have been an early Facebook, the site&#8217;s owner, Six Apart, <a href="http://www.sixapart.com/about/news/2007/12/six_apart_annou.html">agreed yesterday to sell it to Moscow-based online media company SUP</a>.</p>
<p>Financial terms weren&#8217;t disclosed, though <a href="http://www.kommersant.com/p831892/SUP_LiveJournal/">Kommersant reports the deal to be worth some $30 million</a>. The sale comes about a year after Six Apart and SUP allied to bring LiveJournal to Russia, where the platform quickly gained a lot of traction.  Today <a href="http://www.livejournal.ru/"> www.livejournal.ru </a> accounts for 28% of LiveJournal&#8217;s overall audience. As SUP CEO Andrew Paulson once said, <a href="http://news.livejournal.com/104520.html">&#8220;LiveJournal is the &#8216;blogosphere&#8217; in Russia.&#8221;</a></p>
<p>The acquisition, then, would appear to make perfect sense. Six Apart unburdens itself of a tiring distraction and SUP gears up to transform LiveJournal into what its previous owners could not. &#8220;This is pretty cool because [SUP is] ridiculously excited about LiveJournal, and [has] been for a while,&#8221; <a href="http://brad.livejournal.com/2351564.html">writes LiveJournal founder Brad Fitzpatrick</a>. &#8220;They want to throw a lot of resources at LiveJournal in terms of product development and engineers. &#8216;LiveJournal.com, Inc.&#8217; now stands alone again, focusing on nothing but LJ. &#8220;</p>
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