Now its official. BlogMedia, Inc., a US based corporation, has announced that it acquired The Blog Herald from Duncan Riley.

A month ago, Off-the-Air interviewed Mr. Riley regarding the sale but at that time the buyer/s wanted to be anonymous.

You could read the transcribed interview here. Or listen to the audio (part 1 and part 2).  The interview was set-up by Techie using Bitstop's VOIP facilities and recorded at eradioportal's audio and video streaming site.
You could also visit The BlogHerald for the official announcement. Problogging also posted something about the sale. And of course, so did Duncan Riley.