First I heard anything about a potential shut diwn was a email posted by someone. Cant remember name? About a week ago saying it was 'falling apart", updates weren't working, stats not adding etc... and claiming owners abandoned site. Clearly not true. I check almost daily an seen no issues with stats or updates. I've posted updates myself on stories that were live within a short time and received review alerts and everything seems to be working. Another menrioned that site was migrating to new servers.
I don't know what started the rumor that FFN was shutting down, but I would say that I've seen no indication of it.? The site is up, running well, and making lots of ad revenue as far as I can see.? I find it highly unlikely that they'd shut it down.