Rafat Ali, founder of paidContent, sold his company to The Guardian for roughly $12.5 millionin 2008. Then he spent two years traveling the world, in a “quest for isolation after eight clamorous years.” Now, he has built “the homepage for the travel industry” to inform your travels.
Ali and co-founder Jason Clampet, who ran Frommers.com’s original content efforts, aim to disrupt the… → Read More
When Guardian News & Media acquired ContentNext Media, owner of tech and media blog PaidContent and other blogs in July 2008, various reports claimed the price as ‘north of $30 million’, including earn-out and dependent on future performance of the young media company started by journalist and Internet entrepreneur Rafat Ali.
This morning, industry trade outlet PressGazette revealed that the… → Read More
Only three months after the British newspaper publisher The Guardian Group bought Rafat Ali’s ContentNext Media and his collection of blogs for a reported $30 million, one of those blogs is sputtering badly. The blog in question is contentSutra, the Indian counterpart to its bigger and better known brother, paidContent (both cover the business of digital media). Until recently, contentSutra was… → Read More
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… → Read More
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