Well that was unexpected, Aol shutting down TUAW.
The Unofficial Apple Weblog is a part of Weblogs, Inc, a company that was purchased in October 2005 by Aol for $25 million. Founded in 2004, TUAW Covers Apple news, tips, reviews and analysis, and its closing its doors on Feb 2.
Here’s what other sites are saying about this:
AOL decided against selling TUAW, leaving open the possibility it could resurrect the site in the future. But for now, a team of writers and editors are out of jobs.
In Q3, AOL made $454.5 million from advertising revenues (combining AOL properties display, AOL properties search and third-party platform), which worked out to about 73% of all of its $626.8 million in revenues for the quarter. But if you look at the company’s profit, it is currently driven not by its advertising business but by its subscriptions revenues (eg its legacy dial-up business and other paid services).
I’ve heard separately that pageviews were in a slow downward spiral over the past few years and the site became too small to justify being a separate unit against slowing ad revenue for AOL. In any case, it is always sad to see some good Apple writers out of a gig.
And here’s some tweets regarding this big news:
Tuaw shutting down after 10 years. Sign of the times
— Arnold Kim (@arnoldkim) January 30, 2015
P.S. Take a look the TechCrunch’s url, I think it describe what Aol is doing the best.