Salon puts The Well up for sale

From News.com: Online news site Salon.com is selling its discussion community, The Well. One of the first online discussion boards, The Well pre-dates the Web, having started in 1985 as a dial-in bulletin board system. Salon bought the community in 1999.

The Well's membership is now down to about 4,000 people, though the service remains profitable, according to a Salon SEC filing. According to News.com, remaining Well members have talked about forming a non-profit to buy the service. Salon's CEO, Elizabeth Hambrecht, told News.com that the company is looking to sell The Well in order to focus on its core Salon.com website.