Beliefnet has been sold. There have been layoffs for hired staff. Further changes are unknown at this time. At this time, there are no changes for us volunteer moderators.
The news is on the Web at news.yahoo.com/s/ap/20100625/ap_on_hi_te...
NORFOLK, Va. – News Corp. has sold Beliefnet, a spirituality website, to an investment group.
Terms of the acquisition, which was announced Friday, weren't disclosed.
The buyer, BN Media, is an investment firm behind two organizations — Affinity4 and Cross Bridge — focused on nonprofits and charities.
The companies said the acquisition will build on existing relationships. Affinity4 sells telephone, Internet and other services and donates part of the proceeds to charities and ministries. Cross Bridge provides spirituality-based video and other kinds of programming.
The deal will help Beliefnet "continue its mission to be the leading provider of inspiration and faith-based online content," Beth-Ann Eason, Beliefnet's general manager, said in a statement.
Also check out: www.google.com/search?hl=&q=BN+Media&sou...
I do not have any more specific information, but I will post any I get in this thread.
We have been through stuff before, and I know that change and uncertainty is never easy, but I also know that we have a great, resiliant group of posters here, so I would only ask that you give this a chance and have a little faith.
Justme333
Beliefnet Community Host
Faith, Values, & Public Policy Board
"Even if you are on the right track, you'll get run over if you just sit there." Will Rogers
"Charity is no substitute for justice withheld." St. Augustine
"Your love for God is only as great as the love you have for the person you love least." Dorothy Day
"Life in Lubbock, Texas taught me two things:
One is that God loves you and you're going to burn in hell.
The other is that sex is the most awful, filthy thing on earth and you should save it for someone you love." Butch Hancock