Guardian Blazes New Media Trail with paidContent.org Acquisition

Mac Slocum
July 12, 2008 | Permalink | Comments (0) | Listen

According to Kara Swisher, The Guardian Media Group has purchased ContentNext, publisher of paidContent.org, for more than $30 million. ReadWriteWeb says this acquisition and separate open-data initiatives have pushed The Guardian to the head of the media pack:

What do you get when you combine cutting edge tech openness with some of the leading new media publishers online? A kick ass publisher ready for the 21st century, hopefully. Meanwhile the rest of the newspaper industry struggles to survive attacks from Craigslist.

(Via Peter Brantley's read20 list)

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