Rumors of SOPA protest blackouts have been swirling around like crazy as of late. Wikipedia was, and may still be, considering a blackout. Reportedly, a number of Internet giants are debating the same action. That being the case, it was a big deal when reddit finally got the ball rolling by confirming a January 18th protest blackout. Since then, the ball has continued to roll, picking up Mojang, the Cheezburger Network, and Destructoid.
Andrew Baron, operator of Rocketboom, confirmed on his blog that the popular internet culture encyclopedia Know Your Meme has been purchased by Ben Huh's Cheezburger Network for a "a super seven figure deal." The announcement on Baron's blog comes shortly after the news was broken by Tubefilter earlier this afternoon. The Cheezburger network, which includes such web staples as Fail Blog, Memebase, and The Daily What, recently raised over $30 million with plans for a large-scale expansion of the network's staff and the sites they operate. The acquisition of KYM is Huh's first public move since. In an interview with TechCrunch regarding his future plans after raising the $30 million, Huh said, “We’ve only reached the tip of the iceberg in terms of what we can do.” Though specifics about the future of KYM are scant, Baron offered some details in his announcement. He says that the full staff of KYM, which consists of two full-time and two part-time writers, is moving over to work for Cheezburger Network post-acquisition. At least for now, KYM's mission will not change: Baron writes that he is "pleased to report that future plans for Know Your Meme will actually focus on maintaining and strengthening the journalistic integrity."
In the wake of the Proposition 19 fracas earlier today, which pitted the Reddit community and admins up against the site's Condé Nast overlords over pro-marijuana reform advertisements, Ben Huh, the CEO of the omnipresent Cheezburger Network that includes sites like I Can Has Cheezburger?, FAIL Blog, and The Daily What, has offered to buy Reddit, saying that the site would "benefit from more resources and less corporate interference."