Friday News Watch 2: UK Guardian Buys PaidContent for $30m ... More Euro Buys Ahead?
By Tom Foremski - July 11, 2008
The UK newspaper group Guardian Media paid $30 million for PaidContent, a media company founded by Rafat Ali and which publishes a popular newsletter and web site covering the media industry.
The Guardian newspaper is one of the top UK newspapers famous for its left of center position. It is also well known for its extensive coverage of the media industry, making it a good fit for the acqusition of PaidContent.
The Guardian has also been one of the leaders in using new media technologies such as RSS.
Will European Euros be used to buy more US media properties?
WSJ's Boomtown:
Guardian Media Group Buys paidContent for $30 Million
PaidContent:
ContentNext 2.0: Life With The Guardian Media Group
ReadWriteWeb:
Confirmed: PaidContent Bought By the Guardian - Here's How Media History is Made
GigaOM:
Why Guardian Media Bought paidContent for $30M - GigaOM
« Friday News Watch: Die! iPhone Mania! Die! Die! Die! . . . | Main | FishWrap: First time ever on stage: Kara versus Walt . . . and tales of Euro Domination »
July 11, 2008 | Permalink | Comment | Category: MediaWatch | Subscribe to SVW
- Top Stories:
- Technology In The Service Of Humanity
- The Death Of The Search Algorithm? Techmeme Has Six Editors
- TEDxSF - Little TED Just Like The Big TED
- SNCR Research: Social Media IS Influencing Business Decisions
- What's Next? Beyond Real-Time...
- PearlTrees: A Novel Approach To Human Mapping Of The Internet
- MediaWatch Analysis Part II: Google Has More To Lose Than Murdoch
- MediaWatch Analysis: Murdoch Will Negotiate Payment For Access To Basket Of Content With GOOG et al
- WeekendWatcher: The Sheer Number Of Things Will Devalue Them
- ChipWatch - Where Will The Next Generation Of Engineers Come From?
- Public Healthcare Could Cut Startup Costs And Help Spur Innovation
- Is GOOG's $750m AdMob Buy Strategic Or Dumb? An alternate view...