EveryBlock: Acquired by MSNBC

EveryBlock: Acquired by MSNBC

EveryBlock have announced that they have been acquired by the news media giant MSNBC.com.

They have been operating since the last couple of years on funds provided by the Knight Foundation.

Those funds ended in June this year and they had been looking for alternate sources for the revenues required to keep their operations active.

The developers finally decided that working with MSNBC.com was the best option of the lot.

EveryBlock said in a blog post:

First, obviously, it means that we’re going to keep the site going. We’ll continue to run the first and best microlocal news Web site on the planet, with the same six people, with the same logo and design, with the same everyblock.com domain. MSNBC.com has hired our whole team, and they’ve made it clear to us that we’ll be driving the site’s strategy and implementation, and that our site will remain an independent destination as a community service. Plus, while MSNBC.com is based in the Seattle area, our headquarters will continue to be in Chicago.

Checkout more info at: MSNBC.com acquires EveryBlock