by Brian Solis

Debi Jones is reporting that Sam Sethi is bowing his head and shuttering the global blog network as well as describing some of the outstanding debt owed to bloggers and designers.

For the Blognation Staff, LeWeb was to be our first team gathering – a chance to meet, a brainstorming session and a face-to-face social event – all courtesy of Blognation Ltd. As LeWeb shuts down today, so does Blognation.

I can’t find anything official to back this up, but for now, the story is hitting the blogosphere today without contest.

Debi writes in her comments section to Ben Metcalfe, “I was in a Skype chat with the rest of Blognation’s current and previous staff, making me the source. There are plenty of people in that list you can contact for corroboration. Please feel free to do so.”

There’s hope for the Blognation brand and band of great writers as Tristan Louis, who owns the blognation domain, may relaunch the network under a different corporation.

Update 1: Sam Sethi responds.

Update 2: Is John Furrier thinking about taking over Blognation?  Read the comments.
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