It's official. As announced on the Flickr blog, rumors that Yahoo was attempted to purchase Flickr have been confirmed.

They've taken the time to address some of the concerns we Flickrers may have:

Are you going to become Yahoo Photos?

No. Yahoo Photos will get a lot of Flickr features, and there are alot of other areas around Yahoo that will also be Flickrized where Flickrization would be good. Yahoo Photos and Flickr have different kinds of users with different needs, and will remain separate for the foreseeable future. Flickr would also suffer from a sudden deluge of LOL!!!!!!!!!!!!!!! omg! so we're going to grow it carefully.

I liked Flickr BEFORE you even heard of it!

You shall be recognized for your discerning taste in web sites!! I bet you also liked the Flaming Lips before they appeared on Beverly Hills 90210, and for that we salute you. Pro account holders will get super mega bonuses, to be announced soon.

But I never upgraded!

Free accounts will have more storage and uploads -- pro accounts too -- AND they'll be cheaper.

So... we'll see.

Moreover, congratulations to Simon and Caterina whoim I did NOT meet at SXSWi for some reason. Maybe next year, assuming they don't have Yahoo chips embedded in their necks that prevent them from attending.

Read all about it:
Yahoo Acquires Flickr