Rafat Ali's Santa Monica-based paidContent.org, which has covered the business side of websites since 2002, will be acquired by Guardian Media Group in the U.K. for “north of $30 million.” Longtime tech reporter Kara Swisher beat Ali on the story. "We got scooped on the biggest story of our own company’s life. Such is our life," Ali posts. "This starts the 2.0 phase of our company ContentNext Media: we will remain a stand-alone business under [Guardian]."
More by Kevin Roderick:Ralph Lawler of the Clippers and the age of Aquarius
Riding the Expo Line to USC 'just magical'
Last bastion of free parking? Loyola Marymount to charge students
Matt Kemp, Dodgers and Kings start big weekend the right way
LA Times writers revisit their '92 riots observations
Recent Websites stories on LA Observed:Website relaunched for Los Angeles Review of Books *
Echo Park Patch invades Silver Lake, takes over
Huffington Post wins Pulitzer Prize for national reporting
Ugliest people in sports? New at LA Times site
Parents of Bay Citizen and California Watch officially merge
Previous story: 'Profound malaise' at L.A. Times
Next story: Troy Edwards talks about those 'massages'
New at LA Observed
Follow us on Twitter
On the Media Page
Go to Media
On the Politics Page
Go to Politics
LA Biz Observed
Go to LA Biz Observed
Sign up for daily email from LA Observed