The Wall Street Journal has reported that Discover Communications will be selling the popular website, HowStuffWorks.com at a loss on the sale as they are only realizing 18% of their 2007 purchase price. Read the WSJ Report here For Discovery Communications Inc., DISCA -0.49% the website HowStuffWorks.com proved to be one investment in digital media that didn’t work. Discovery said Monday it would sell the site, which offers explanations on topics such as “How magnets work” and “How do they make hollow chocolate Easter rabbits?” for $45 million, or less…
Read MoreDiscovery Communications to sell HowStuffWorks.com for 18 % of its 2007 purchase price
