Guardian News & Media has bought ContentNext, the parent company of the digital business website PaidContent, as part of its US expansion. ContentNext was founded in April 2002 and has since expanded to 23 staff and taken investment from the venture capital firm Greycroft Partners. The founder of ContextNext, Rafat Ali, said, “The Guardian’s international [...]
New York Magazine has bought the New York City based online restaurant menu guides site, Menupages. Menupages was founded in 2002 and offers restaurant and take-out menus for eight major U.S. cities. This is the first online buyout for NYM. Paid Content (July 10, 2008)
Italian publisher Mondadori has finalized a deal to sell six sports magazines to the French publisher Motor Presse France for 8.3 million euros. The magazines included in the transaction are Le Cycle, l’Officiel du Cycle de la Moto et du Quad, Bateaux, Golf Europeen, Golf Magazine and Guides Bel-air. The magazines, published by Mondadori’s French [...]