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Many NC's speculated that this would happen and alas, the time has come. Check out GLAM MEDIA TO ACQUIRE NING, THE LEADING PLATFORM FOR CREATING SOCIA... to see what I'm talking about.
I visited the Glam Media website and I am left wondering what this really means for us NC's. According to Jason Rosenthal, "We will continue to provide you with the most powerful platform to create, grow, and manage passionate online communities. Ning will continue as a separate division within Glam. No immediate changes to the team, the product, or the business are planned as a result of this, and we’ll continue on our path of releasing new innovative features to make your Ning sites more successful."
For some reason, I'm a little apprehensive about being excited - how about you??