PaidContent Up for Sale
The Guardian has put paidContent.org and its parent, ContentNext Media, up for sale. The site, which is based here, bills itself as “covering the business of digital media.” All Things D reports that an executive from Bank of America is overseeing the sale, and the Guardian is hoping to get between $15 and $20 million for the properties.
A Guardian spokesperson said that ContentNext Media a “high-quality asset,” but right now the paper is more dedicated to expanding its stateside operation, which launched
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