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News Corp Buys Social Media Agency Storyful

  • The Drum, Sunday, December 22, 2013 1:09 PM

News Corp has bought Dublin-based Storyful, described as a "social news agency," for about £15 million - $25 million.It is the first acquisition by News Corp since separating from 21st Century Fox. Five-year-old Storyful discovers, verifies and distributes user-generated news and video content to its partners using both technology and journalistic tools.

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