LogFAQs > #980117832

hockeybabe89 posted...

They'll make like... 12 dollars and then close the site or sell it off.

This is your modern Internet. Websites exist to do nothing but show ads and take people's money. If they aren't succeeding at either of those, they have no value. The greedy companies shitting up the Internet are determined to destroy any inch of the thing that isn't making them lots of money.

I mean, this isnt a fan site. Its always been owned by large corporations. It literally sold for millions of dollars back in the day.

GameFaqs was in a great position to turn a massive profit during the era of smart phone mass adoption and the rise of mobile gaming circa 2010-2015 but for whatever reason the website just never modernized itself and released a mobile app with social media integration for logins and reshares and stuff.

At that point it seemed as if CBS Interactive was satisfied with just breaking even on ads & cross traffic. But by the time of the first sale to Red Ventures the site was probably no longer breaking even.

If thats the case then Red Ventures would have to make the decision to either take a loss by putting in money to modernize the platform and eventually get their investment back once it finally turned a profitor sell it off.

We know what they chose. Now Fandom is in a similar position and seem like they are going to try and rebuild the platform into profitability.

But that doesnt make them evil. This had NEVER been an independently operated fan site. Its just felt that way for the last 8 years or so due to the decline in traffic and lack of updates. But its not.

I dont get how so many people are painting them as the villains for trying to monetize their investment as opposed to just letting it slowly wither away and die.

It doesnt make any logical sense.