Crenk » blogging network http://crenk.com Web Apps, Mobile Apps and Reviews Sat, 21 Nov 2009 14:40:12 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 PaidContent Sells, Who Is Next Now! http://crenk.com/paidcontent-sells-who-is-next-now/ http://crenk.com/paidcontent-sells-who-is-next-now/#comments Sat, 12 Jul 2008 15:53:39 +0000 Steven Finch http://crenk.com/?p=665

In the last couple of day you might already know about PaidContents holding company ContentNext selling their company to the Guardian. It has been reported everywhere, like on Techcrunch, AllthingsD, HipMojo, Mashable, RWW, Centernetworks and more.

The price to be around the $30 million mark, quite high for a blog network. So with Ars Technica and PaidContent already selling out their companies, which blog will be next to get acquired. This is all just proving that blogging is slowly moving away from just personal views and becoming the new media equivalent of newspaper journalism. Does this also mean that in the very near future that all the advertising revenue that is still being spent on newspapers is soon to be heading towards Techcrunch, Mashable and RWW? Im really looking forward to seeing how this market grows in the future and who will be the dominant players. Will Mashable and Techcrunch remain at the top or will their readers slowly migrate to a new service?

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