Cinephile site Film Threat has been sold by founder Chris Gore in what is described as a six-figure deal with Mark Bell, the site’s former editor in chief.

“I think if Oprah can quit after 25 years, so can I. It seemed like the right time,” said Gore, chatting via Facebook from the Sundance Film Festival. “I have a lot of other projects I want to tackle and running a website now is not something that appeals to me.”

Gore launched Film Threat in 1985 as a print magazine. The publication went online in 1996, after Gore regained the rights from Larry Flynt Publications, which briefly owned the title.

“I’m just really happy that I’ve left it in good hands,” said Gore. “Mark Bell is amazing and the best I’ve worked with in my history doing Film Theat.”

In 2005, Bell was named editor-in-chief of the site after a two-year stint as Film Threat’s senior account exec. He stepped down from the role in 2009. Bell also runs indie film site Cinemawhatever.com.