• The New York Times, Monday, July 14, 2008 9:15 AM

British newspaper publisher Guardian News and Media purchased ContentNext, owner of PaidContent.org, for $30 million, Guardian's first acquisition outside of Britain. "It will augment our coverage of the media [industry]," says Tim Brooks, head of Guardian News, which publishes The Guardian and The Observer.

The company is looking at the United States as expansion territory, opening a Washington D.C. bureau and creating an American version of its home page last year.

ContentNext publishes four blogs covering the global digital and mobile content industries, with spinoff sites for India and Britain. It also sponsors seminars and conferences and produces research reports.

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