Glam Media acquires Ning for approximately $200 million. As part of the sale, Andreessen joins Glam’s board of directors:
Glam Media is one of the most dynamic companies in the digital media space, and I am excited to help guide their further expansion.
The social applications service shifts from offering free and paid services to premium-only options. CEO Rosenthal writes:
Our premium Ning networks like Friends or Enemies, Linkin Park, Shred or Die, Pickens Plan, and tens of thousands of others … drive 75 percent of our monthly U.S. traffic, and those network creators need and will pay for many more services and features from us.
Users who choose not to pay for services can migrate their data to other platforms, a feature previously touted by co-founder Andreessen.
Andreessen and Bianchini launch Ning, a free online service where users can build social applications. The service is a product of Palo Alto startup 24 Hour Laundry. Developers can use Ning’s tools to build new programs or work off of clones of existing services.
The difference between apps built on Ning and any of these other services is that we make it easy for developers to build whatever app they want for any topic, interest, group, language, location or product, without a lot of effort. As a user, you get to explore and take advantage of this wider variety of social apps.