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PaidContent Acquired By Guardian Media Group

July 11th, 2008 at 7:36 am

Source:CenterNetworks

paidcontentKara Swisher is reporting that the PaidContent group of blogs and conferences has been acquired by the Britain’s Guardian Media Group with the deal in the $30 million range.

Marshall Kirkpatrick has a deep dive into what PaidContent is all about and why this deal is great for the Guardian. He includes a section on why the Guardian is on fire lately. One thing he misses to note is that they have owned the Digg frontpage for quite a bit now. In fact, I sometimes wonder if Digg isn’t looking to the Guardian for a sale.

PaidContent partnered with the Washington Post earlier this year.

When I looked at creating CN, PaidContent was one of the sites I spent a lot of time researching. They put out tons of quality content and do it in a professional style. When I said on Twitter that I was excited to get a link from PaidContent earlier this week, I meant it.

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