MMS joins TPG at Bankrate
May 26, 2016, 6:29 am
#1
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Location: Ann Arbor, Michigan
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MMS joins TPG at Bankrate
So the rumors were true. MMS gets bought out by Bankrate too. And it retains complete publishing control, LOL. Blah blah blah...
Anyone know the $ amount please PM me
Anyone know the $ amount please PM me
May 26, 2016, 9:15 am
#4
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depending on how much it would have cost to buy partner's share.
presumably bankrate's stake (in both) is less than IB's stake in FTG.
this also confirms MMS is top 3 / #3.
May 26, 2016, 1:24 pm
#6
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May 26, 2016, 2:23 pm
#7
Join Date: Dec 2004
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Posts: 4,432
I guess selling now and splitting it all gets rid of the alimony payments in the future.
May 26, 2016, 9:00 pm
#10
Join Date: May 2009
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May 27, 2016, 9:35 am
#11
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The MMS post says the "transition" has been taking place "over the past many months".
Can anyone say why they're telling people now -- did they decide to disclose or were they obliged to do so (e.g. for some regulatory reason)?
Can anyone say why they're telling people now -- did they decide to disclose or were they obliged to do so (e.g. for some regulatory reason)?
May 27, 2016, 9:53 am
#13
Join Date: Sep 2008
Location: BWI
Posts: 1,782
It is always annoying when people complain about this being a "hobby" and then they're irritated when others monetize that hobby.
I do many things that I consider a hobby, but others make a business out of. For example, I play tennis as a hobby. I don't complain when companies make a tennis racket or tennis shoes and then advertise them and I buy them. It's my hobby, but it is their business. Let's not kid ourselves, TPG/MMS/FTG all found ways to monetize something and mazel tov to them.
The complainers forget that there are people in the world that like reading the blogs because they can go to one place and get their information and find a place to apply for a card. They are providing a service that some people find worthwhile.
Do people get irate about award bookers? After all, why should they charge for booking a flight for someone that the person could do themselves? I hope that they make tons of money. After all, they have an expertise and plenty of people are happy to pay them instead of doing it themselves.
Yes, I'm sure people are mad that they get ideas from FT and repost them, but that's ok. If you don't like it, don't read their blog. If you find your stuff being stolen, don't post it in a public forum.
I don't care if someone puts a link out there and I end up with a cookie that gives someone credit. Mazel tov for them to being smart and successful.
The only thing that is really a bit distasteful is if they put a link to a credit card for 40k points and there is another link that is available for 50k points and they don't point that out. But then again, if I go to the mall, should Macy's be responsible to tell me that the 6pack of socks can be purchased for $3 less down at Kohls? Not their job.
I enjoy getting my cards and travelling (and I pay for plenty as well) as much as the next guy. But don't begrudge someone for monetizing it. GOD BLESS AMERICA! MAZEL TOV TO THOSE THAT CAN.
Sorry, end of my mini rant. It just aggravates me when people complain about others making money in this "hobby". And I won't capitalize it either!
I do many things that I consider a hobby, but others make a business out of. For example, I play tennis as a hobby. I don't complain when companies make a tennis racket or tennis shoes and then advertise them and I buy them. It's my hobby, but it is their business. Let's not kid ourselves, TPG/MMS/FTG all found ways to monetize something and mazel tov to them.
The complainers forget that there are people in the world that like reading the blogs because they can go to one place and get their information and find a place to apply for a card. They are providing a service that some people find worthwhile.
Do people get irate about award bookers? After all, why should they charge for booking a flight for someone that the person could do themselves? I hope that they make tons of money. After all, they have an expertise and plenty of people are happy to pay them instead of doing it themselves.
Yes, I'm sure people are mad that they get ideas from FT and repost them, but that's ok. If you don't like it, don't read their blog. If you find your stuff being stolen, don't post it in a public forum.
I don't care if someone puts a link out there and I end up with a cookie that gives someone credit. Mazel tov for them to being smart and successful.
The only thing that is really a bit distasteful is if they put a link to a credit card for 40k points and there is another link that is available for 50k points and they don't point that out. But then again, if I go to the mall, should Macy's be responsible to tell me that the 6pack of socks can be purchased for $3 less down at Kohls? Not their job.
I enjoy getting my cards and travelling (and I pay for plenty as well) as much as the next guy. But don't begrudge someone for monetizing it. GOD BLESS AMERICA! MAZEL TOV TO THOSE THAT CAN.
Sorry, end of my mini rant. It just aggravates me when people complain about others making money in this "hobby". And I won't capitalize it either!
May 27, 2016, 10:07 am
#14
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May 27, 2016, 10:17 am
#15
Join Date: May 2009
Location: South Park, CO
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Posts: 5,678
I don't know whether some people don't think a blogger should make money from something that others do for free - as an actual hobby. I certainly have never espoused that position. Nor would I know whether even "commercial" bloggers may not also being doing things that are charitable or even altruistic in their motives. There is nothing wrong with finding a way to make money from something that one also enjoys or which grew from something that was originally done for free. But it also doesn't immunize them from critiques of their work, services, or products.
Heck, the fact that MMS suckered Bankrate into paying more than $1 for that blog, good for him. Just continues to provide PT Barnum right!