PaidContent
Defunct online news magazine
paidContent was an online media hub that covered news, information and analysis of the business of digital media. It was founded in 2002 by journalist Rafat Ali to "chronicle the economic evolution of digital content that is shaping the future of the media, information and entertainment industries".
01History
Funded by Alan Patricof's Greycroft Partners in 2006, Rafat Ali's umbrella company, ContentNext, formerly had offices in Santa Monica, California, and New York. ContentNext operated paidContent.org, paidContent.org:UK, mocoNews.net, which covered the business of mobile content, and contentSutra.com, which covered India's digital media markets.
In 2008, ContentNext was purchased by Guardian Media Group for a reported $30 million. It became a member of the Guardian Professional Group, though founder/editor Ali and CEO Nathan Richardson, formerly of Yahoo! Finance, continued to run the media website as an independent business.
02Acquisition
On February 8, 2012, paidContent was acquired by GigaOM through the acquisition of ContentNext Media. On November 12, 2013, paidContent was merged into GigaOM.
Sources and credits
This article is adapted from the Wikipedia article “PaidContent”, written by its contributors and licensed under CC BY-SA 4.0. Fathomly has changed the layout, removed citation markers, navigation and maintenance notices, and adjusted punctuation. This adapted version is shared under the same license. For references, see the original article.
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