ContentNext acquired for $30 Million
Rafat Ali announced that Guardian News & Media (GNM) of UK-based Guardian Media Group (GMG), has acquired ContentNext, the company behind paidContent.
“This starts the 2.0 phase of our company ContentNext Media: we will remain a stand-alone business under GNM. This also marks a major expansion of Guardian’s U.S. presence….it already runs the Guardian America website, focused on U.S. audiences,” Ali said in a blog post.
Financial details were not disclosed but reports had it that ContentNext was bought for $30 million.
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