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Daily Finance speculates paidContent.org’s future at GNM

September 25th, 2009Posted by in Editors' pick, Online Journalism

AOL site DailyFinance.com cites unnamed ‘industry sources’ who suggest that Guardian News & Media (losing £100,000 per day) may be forced to sell assets to raise cash.

Could ContentNext, publisher of PaidContent.org, sold for a reported $30 million (or more) to GNM last year, be among them?

Rafat Ali, publisher of paidContent.org, says it would news to him. Guardian America CEO Caroline Little says she is unaware of any plans. A GNM spokesperson denies it.

But that doesn’t stop Daily Finance’s speculation. WebMediaBrands, formerly JupiterMedia would be a potential bidder if GNM were to sell, it reports.

Full story at this link…

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