If we are, so be it. LJ was very much dying and would be dead in 2018. This way it gets another chance and if PIA doesn't fuck it up, gets to potentially thrive. If PIA does fuck it up, well, it was going to die this year anyways. We are no worse off, and potentially better off with this situation.
I have no relationship with PIA. I have written two articles for LJ a few years ago, and they very much struggled to pay me afterwards.