The only thing Gordon Crovitz would say about the value of the deal is: "We're very happy with this transaction." According to paidContent, Journalism Online was only
on the block briefly before the R.R. Donnelley deal was brokered by the Jordan, Edmiston Group.
"The decision to look for a buyer came as the company was looking at further investment," paidContent reports. Crovitz, the former publisher of the Wall Street Journal, said the sale also comes as the paid content question shifts from whether or not consumers will pay, according to paidContent.