One leading tech and digital media website swallowed another today, just as a third competing site predicted it would, with GigaOm buying paidContent and its parent company, ContentNext. The Guardian Media Group purchased paidContent for $30 million in 2008, but while the terms of today's sale were not disclosed, the "price is reportedly low."
Why we are buying paidContent [GigaOm]
GigaOm Buys PaidContent (Like Peter Kafka Said) [AllThingsD]
