Ning announced, “We will phase out our free service. Existing free networks will have the opportunity to either convert to paying for premium services, or transition off of Ning. On May 4, 2010, we will share with you all of the details of our new offering, including features and price points, through a series of blog posts, emails, and conference calls. We recognize that there are many active Ning Networks for teachers, small non-profits, and individuals and it’s our goal to have a set of product and pricing options that will make sense for all of them.”
Do you use the Ning service? What do you think of this move? Will other free social networks have to move to this business model? I guess click ads aren’t the best source of revue?