Guardian Media Group Acquires Paid Content For $30 Million

Michael Arrington

J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

Friday, July 11th, 2008

It’s getting kind of lonely out here as an independent blogging startup. In May Ars Technica was picked up by Wired. Today Kara Swisher and Marshall Kirkpatrick report that blog network Paid Content’s parent company ContentNext Media is being acquired by The Guardian Group for $30 million or more, including earnout.

Paid Content is led by CEO Nathan Richardson, and was founded in 2002 by former journalist Rafat Ali. The company operates a number of blogs and holds regular events.

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