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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]."
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| AEG Live, promoter of the Michael Jackson shows in London, stands to recoup a big chunk of its investment, thanks to insurance and two golden opportunities.
| Banks were far more accommodating in 1992, the last time warrants had to be issued, and that laissez-faire stance might have delayed cutting a deal.
| News of Michael Jackson's death -- along with about a dozen satellite trucks -- prompted a gathering outside UCLA Medical Center on Thursday.
The "Right of Way" rewrite is underway. Collaborator Marvin Wolf has already refined the project down to two documents, including a 25-page treatment, while finding time to knock out a novel or two on the side.
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