Yahoo Snaps Up Associated Content for $90 Million to Counter AOL and Demand Media
Yahoo, in a clear attempt to get deep into the social content space and better compete with both AOL and Demand Media, announced the acquisition of Associated Content.
Sources close to the situation said the price was $90 million in cash, which is a solid outcome for Associated Content, which was competing in a very crowded space.
27 Notes
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charitini reblogged this from newyorker and added:
Soup’s first New Yorker link!!!!!! THIS is why I love Tumblr.
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hdevries reblogged this from newsweek and added:
As someone who has written (and currently writes for) some “content farms” for spending money, I can easily agree with...
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saramess reblogged this from newsweek
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newyorker reblogged this from newsweek
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inarcissus said:
perhaps some of that cash flow should come back to consumer who pay TIme Warner Cable companies for original content not paid programming. And for the record, I dont care much for football. only tennis and baseball. and sometimes snowingxinarcissus
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mikehudack liked this
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newsweek reblogged this from mikehudack and added:
Are you kidding? $90 million cash is a FANTASTIC deal for Associated Content. We’re skeptical of the whole future of...
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michaeljung reblogged this from mikehudack and added:
I thought to turnaround a company, you have to start with the culture?...I read something...
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dailyhuff reblogged this from soupsoup and added:
Nearly every article I’ve read on Assoc. Content has been terrible. TERRIBLE. This will be a triumph for extremely bad...
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soupsoup posted this
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