paidContent.org operator acquired by Guardian News & Media
ContentNext Media, which operates PaidContent.org, announced Friday that it was acquired by Guardian News & Media (GNM), in a move to bolster the parent company of Guardian's B2B division and give it a U.S. presence.
Under the deal, PaidContent.org will become part of the Guardian Professional group division of GNM's parent company, Guardian Media Group. ContentNext, which sells news and analysis to media, entertainment, and technology executives, will remain a standalone business as part of GNM.
Financial terms were not disclosed.
According to a PaidContent.org blog, the company was planning another funding round when … Read more