The Blog Herald reports that in just two days, the Know More Media will cease to exist as a blog network:

Know More Media will be closing its doors as of August 1, according to editor Easton Ellsworth, who confirmed the open letter from b5media’s Jeremy Wright to the KMM bloggers.

Ellsworth confirmed this in his blog comment:

Unless something drastic changes in the next few days, the Know More network will be “no more.” The blogs will remain online and the authors may choose to continue to post, but we will no longer be able to pay them. We simply ran out of revenue.

We’re sad to see KMM go, but as Ellsworth says, “things are born, grow and die, sometimes giving birth to other things.” Best of luck to Ellsworth and all KMM bloggers.