paidContent Gets Paid

Kara Swisher of All Things Digital is reporting that Rafat Ali of paidContent is about to come into to some serious coinage.

Britain’s Guardian Media Group is set to announce this morning that it will buy the company that runs the high-profile digital media news site paidContent for a price “north of $30 million.”
The paidContent site is owned by ContentNext and was founded by Publisher and Editor Rafat Ali in 2002.
ContentNext has offices in Santa Monica, Ca. and Manhattan and operates several other sites, and also runs several conferences.

Ali and paidContent was one of the inspirations for our own micromedia startup. So, it’s great to see them succeed.

About David Burn

Co-founder and editor of AdPulp. I wrote my first ad for a political candidate when I was 17 years old. She won her race and I felt the seductive power of advertising for the first time. I worked for seven agencies in five states before launching my own practice in 2009. Today, I am head of brand strategy and creative at Bonehook in Portland, Oregon.