Cheezburger acquires Know Your Meme

From the press release:

Seattle, WA, March 28, 2011 – Cheezburger (www.cheezburger.com), the Internet publisher best known for popularizing LOLcats, FAILS, and other Internet memes, today announced it has acquired Know Your Meme, the most authoritative site that researches and documents the history and origins of Internet memes and viral phenomena. Created by Rocketboom, a leading Internet video network founded by Andrew Baron, Know Your Meme is dedicated to giving people an accurate inside look at up-and-coming as well as already viral Internet memes.

"I’m excited to see the Know Your Meme community joining the Cheezburger community," said Ben Huh, CEO and founder of Cheezburger. "Since Cheezburger is the playground of choice for millions of Internet culture fans, this acquisition is a natural compliment for our community. Now, in addition to delivering 5 minutes of happiness through I Can Has Cheezburger?, FAIL Blog, Memebase, and The Daily What, we can help the public understand the origins of memes and how content goes viral on the Web."

KYM / Cheezburger

via

Is this a good thing or a bad thing?