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Guardian Media buys paidContent for $30M

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Another popular blog gets sold to big media. Last Friday, word went out that Rafat Ali’s paidContent.org blog (including mocoNews, contentSutra and paidContent:UK) was acquired by Guardian Media Group (GMG) for a reported $30 Million.

paidContent was among the group of blogs founded and authored by former journalist Rafat Ali under the ContentNext company. Ali used to be the managing editor of Silicon Alley Reporter (owned by Jason Calacanis) which was eventually sold to Dow Jones in 2003.

Rafat Ali founded paidContent.org in 2002. He won’t be retiring any soon — he will still run the blog independently of GMG. The blog is said to be earning about $1 annually from ads.

Earlier this year, another huge blog, Ars Technica, was also sold for an estimated $25 million. Big bloggers are cashing in on their exit strategy.

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Written by
Abe Olandres

Abe Olandres

Editor-in-chief

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and is considered by many as the Father of Tech Blogging in the Philippines.

View all posts by Abe Olandres →

12 Comments

HO
Hotels in Parisinn · 12 years ago

I usually do not leave many comments, but i did a few searching and
wound up here Guardian Media buys paidContent for $30M – YugaTech | Philippines,
Tech News & Reviews. And I actually do have some questions for you if it’s allright.
Is it just me or does it look as if like some of the comments come
across like they are written by brain dead individuals?

:-P And, if you are writing on other online sites, I would like to
keep up with anything fresh you have to post.
Could you list of every one of your public sites like your twitter feed, Facebook page or linkedin profile?


Reply
OB
Obed · 18 years ago

yugatech $40 million


Reply
FO
Foreign Investor · 18 years ago

i will buy yugatech.


Reply
AN
Animohosting.com · 18 years ago

I wish pinoy blogs will be recognized too by foreign investors.


Reply
BR
BrianB · 18 years ago

I’d pay $1 million for these 4 blogs, no more no less.

Mas mataas p pmptoday sa alexa compara sa moconews.


Reply
AN
Animohosting.com · 18 years ago

This is an inspiration for all bloggers out there


Reply

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