<![CDATA[Valleywag: ContentNext Media]]> http://cache.gawker.com/assets/base/img/thumbs140x140/valleywag.com.png <![CDATA[Valleywag: ContentNext Media]]> http://valleywag.com/tag/contentnext media http://valleywag.com/tag/contentnext media <![CDATA[ Nonprofit business gets into not-so-profitable one ]]> Is blogging the future of the media business? If so, it's in a very small way. That's what I gather from the purchase by Guardian Media Group, a British ink-on-dead-trees concern, of PaidContent.org for $30 million or so. It's a satisfying outcome for Rafat Ali, PaidContent's founder; he now has bragging rights to a bigger blog deal than the sale of Weblogs Inc. to AOL for $25 million by Jason Calacanis, his former boss.

Aside from that small triumph, the sale is odd in many ways. Ali had showed every signs of trying to bulk up PaidContent's parent company, ContentNext Media, with a CEO and venture-capital financing. The Guardian group, which runs successful websites for its newspapers, may bring some U.K. media savvy, but has very little U.S. infraastructure to help PaidContent's ad sales or operations.

But it does resolve one thing: PaidContent's odd domain name. Insiders have long been quizzical about the ".org", supposedly reserved for nonprofits, on a plainly capitalist blog. Guardian Media Group is owned by a nonprofit trust. Blogging not-for-profit? An apt description of the enterprise for the vast majority of its players.

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Fri, 11 Jul 2008 11:40:00 PDT Owen Thomas http://valleywag.com/index.php?op=postcommentfeed&postId=5024290&view=rss&microfeed=true
<![CDATA[ Rafat Ali's blogging hopes and dreams: to be as boring and profitable as Reed Elsevier ]]> It takes a brave man to get in the middle of TechCrunch's bloggin' VC Michael Arrington and PaidContent founding editor Rafat Ali as they duke it out over the future of their micromedia empires. Timesman Saul Hansell is nothing but brave. In a Bits blog post, he quotes Rafat Ali's new hired hand Nathan Richardson saying that PaidContent differentiates itself from TechCrunch, Silicon Alley Insider and our own Valleywag because it "has not gone down the road of following personal foibles." Then, towards the end of the piece, Ali himself suggeests that Arrington is thinking too small by gunning for CNET:
The big market for us is the trade media. Companies like Reed Elsevier, Nielsen, Incisive and Informa play in this market, not these blogs.
But are these publishers so evenhanded? Trade publications have a history of being self-interested boosters for the markets they cover.

And Ali is putting forward this odd ambition even as Hollywood solons are looking at an industrywide downturn, and their spokesrag Variety is for sale by Reed Elsevier. To quote another So. Cal.-based journo who's made a name for herself chasing personal foibles on a blog, Nikki Finke, "[W]hat if someone buys Variety and turns it into a real news-gathering operation and not just an echo chamber for the powers-that-be that control showbiz?" Seems both Ali and Arrington are aiming for the weakest members of the herd.

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Fri, 28 Mar 2008 15:40:00 PDT Jackson West http://valleywag.com/index.php?op=postcommentfeed&postId=373673&view=rss&microfeed=true
<![CDATA[ Rafat Ali confirms PaidContent moves, New York office ]]> Patrick Dignan, David Koones and Staci KramerConfirming early reports, Rafat Ali posted the details of ContentNext Media's new hires, including the promotion of employee number two Staci D. Kramer (pictured, right) to co-editor and EVP and plans to lease space in downtown Manhattan, expanding the company's geographic footprint to the other coast from its current space in Santa Monica. Patrick Dignan (pictured, left) from Forbes will join new CEO Nathan Richardson in New York, and Charlie Koones (pictured, center), former president and publisher of entertainment trade Variety joins the board. Seems more and more execs are buying into Ali's belief that "in the near future, all media will be digital media."

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Thu, 27 Mar 2008 17:00:00 PDT Jackson West http://valleywag.com/index.php?op=postcommentfeed&postId=373175&view=rss&microfeed=true
<![CDATA[ PaidContent blog network hires Dow Jones, Yahoo veteran as CEO ]]> nathan_richardson.jpgContentNext Media, the parent company of blogtrepreneur Rafat Ali's media news site PaidContent.org has named former Dow Jones executive Nathan Richardson as the company's new CEO. He's pictured here in his days as general manager of Yahoo Finance. Most recently, Richardson has been doing volunteer work in Liberia for the International Rescue Committee. The move will free Ali from his role as CEO to focus on editorial duties. Look for the company to announce another senior-level hire by early next week. The move makes it clear that company is focused on continuing to grow independently — and Ali certainly won't be selling it to TechCrunch investor-slash-journalist Michael Arrington anytime soon. Update: More on the company's as-yet-unannounced moves after the jump.

The other new hire will be a senior sales manager, who previously worked in a similar position at Forbes according to a source familiar with the company. (Forbes sales contact Kevin Getzel is my wild guess.) Also, the board of directors will be adding a new member, "a well known name in entertainment and media." And what convinced Richardson to give up his good works in Africa? Death threats from armed rebels. Sounds to me like a smart move. (Photo by John Abbott)

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Wed, 26 Mar 2008 21:54:45 PDT Jackson West http://valleywag.com/index.php?op=postcommentfeed&postId=372737&view=rss&microfeed=true