Paid Content Snapped Up By Guardian Media

Guardian News & Media has bought ContentNext, the parent company of digital business website PaidContent, as part of its US expansion. The company was founded in April 2002 by business journalist Rafat Ali, a former managing editor of Silicon Alley Insider and reporter on Inside.com. From the press release:

Guardian News & Media today announces a significant expansion of its US presence with the acquisition of ContentNext Media, the leading B2B media company which covers digital media, the entertainment and technology sectors, and publishes the influential paidContent.org. Its founder and editor Rafat Ali, and CEO, Nathan Richardson, will continue to run the company as a stand-alone business.

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