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Irish Times buys myHome.ie for €50 Million

MyHome.ie sold to Irish Times for €50m. More expansion into new markets by the Irish Times. Maybe in 5 years time they’ll buy IrishBlogs.ie.

EDIT: Thanks Conor!

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This entry was posted on Friday, July 28th, 2006 at 8:25 am and is filed under blogs, irishblogs. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

7 Responses to “Irish Times buys myHome.ie for €50 Million”

  1. simon says:
    July 28, 2006 at 8:48 am

    doubt it. irish blogs is reliant on free content . everyone could just take stuff off

  2. Conor O'Neill says:
    July 28, 2006 at 9:02 am

    €50? I could have afforded that. Oh wait a sec.

  3. Damien says:
    July 28, 2006 at 9:10 am

    Ooops. Hehe.

  4. AdamMaguire.com - Blog » Archives » Irish Times Ltd. takes Myhome.ie says:
    July 28, 2006 at 11:05 am

    [...] might get a taste for blogging after all! Posted in Irish Media, Print, Blogging | Trackback | del.icio.us | Top OfPage [...]

  5. Web 2.0 in Ireland » Irish Times buys myHome.ie for €50 Million says:
    July 28, 2006 at 11:07 am

    [...] Damien points to the news that Irish Times buys myHome.ie for €50 Million [...]

  6. Treasa says:
    July 28, 2006 at 2:37 pm

    I don’t know if they’ll have the money to buy Irishblogs in 5 years time. I’m a bit dubious about the wisdom of 50m for myhome.ie if we’re heading into a slowing market.

    but hey, what do I know…it’s not my fifty million quid.

  7. omaniblog says:
    July 31, 2006 at 10:40 pm

    And I think it’ll deflect scarce management time from running a good newspaper.

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