"A lot of the stuff we show doesn't have a lot of content…People require context, history, and origins which helps them understand why this is funny or why this isn't funny. "Right now, we're an entertainment destination," Huh said of the network's many sites. And that's precisely why Cheezburger bought it. Know Your Meme has become famous as a place where people can go to learn about the origins of some of the Internet's most jokes. Many other news media outlets reported on the acquisition including CNN Money, Web Pro News, Tech Crunch, Mashable, Business Insider and many more. The deal was first reported by Tubefilter, which said that Know Your Meme received a low seven-figure payday. The Cheezburger Network bought the popular meme etymology site Know Your Meme on March 28, 2011, Cheezburger CEO Ben Huh told CNET. Other sites have an active community such as the "My Little Brony" page. Another example is "Probably Bad News", which depicted funny mistakes in newspapers, but was merged with FAIL Blog. No submissions have been entered as well this might be because the majority of the videos come from Youtube, and Youtube had launched the feature of captioning a user's video as of late 2009. One famous example is a Cheezburger site named "Tofulator", which was a site in which videos are captioned, has not been updated since September 2009. Some of these sites are short-lived, and end in failure. As of 2014, the Cheezburger Network has over 51 sub-sites that it categorizes under the 7 different hubs.
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