Guardian Media buys paidContent for $30M

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 $30PHP 1,761INR 2,542EUR 29CNY 218 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 $1PHP 59INR 85EUR 0.95CNY 7 annually from ads.

Earlier this year, another huge blog, Ars Technica, was also sold for an estimated $25PHP 1,467INR 2,119EUR 24CNY 182 million. Big bloggers are cashing in on their exit strategy.

Abe Olandres

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 considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

https://www.yugatech.com

6 Comments

Animohosting.com says:

16 years ago

This is an inspiration for all bloggers out there
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BrianB says:

16 years ago

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

Mas mataas p pmptoday sa alexa compara sa moconews.
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Animohosting.com says:

16 years ago

I wish pinoy blogs will be recognized too by foreign investors.
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Foreign Investor says:

16 years ago

i will buy yugatech.
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Obed says:

16 years ago

yugatech $40 million
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Hotels in Parisinn says:

10 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