Friday 25 September 2009

Could paidContent go in GNM asset sale?

paidContent:UK has been in the news this week with its poll on what readers will pay for online news services. Now its parent company is in the headlines with claims by the DailyFinance website that Guardian News and Media is losing so much money that it may be forced to sell assets, including ContentNext, the U.S.-based web publisher of paidContent, which GNM bought last year for $30 million.
DailyFinance says "with its good reputation for digital media coverage, sources say, ContentNext could make for an attractive acquisition target. One company interested in potentially scooping up ContentNext is WebMediaBrands, formerly JupiterMedia."
Via Rory Brown on Twitter

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