News Byte

Rafat Ali’s Skift Raises Another $1.1 Million

Skift, the travel news startup from paidContent founder Rafat Ali, has added $1.1 million to the $500,000 seed round it raised last year. Lerer Ventures led the round, along with new money from funds including Advancit Capital and individuals including Martin Nisenholtz and Shakil Khan. Ali said the money will help him double his staff, to 10, and to launch new services.

Rafat Ali 2.0: Meet Skift, the Travel Industry’s Version of PaidContent

What do you do after you build and sell a pioneering digital media start-up? Take two years off, and start building another media star-tup.
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Eye to Eye

Can Yahoo Turn Itself Around?

Mark Cuban and Eric Jackson answer the question: What is the one major thing you think Yahoo needs to do to turn itself around?
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GigaOM Buys paidContent (Like Peter Kafka Said)

Guess what? Wait, we knew that.
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Is GigaOM Buying paidContent?

Om Malik won’t say. But we should find out soon.
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Three Years Later, the Guardian Wants a Buyer for PaidContent

The British newspaper publisher says the pioneering Web site is “is a high-quality asset but our focus in the US is on building the Guardian.”
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Viral Audio: While Arrington Fiddles and Bartz Erupts, My Cup o’ Crazy Runneth Over

Do I have something to say about the clown circuses going on at both Yahoo and AOL this week? You bet I do.
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For Sale: Inside.com, Barely Used

Psst. Wanna buy a cool Web address? Guardian Media has one for sale. The British publisher is peddling the “Inside.com” domain name, people familiar with the company tell me. Asking price, I’m told, is something north of $100,000.

Exclusive: PaidContent Founder Ali to Depart Pioneering Digital News Site

PaidContent’s Rafat Ali, who turned a one-man Web site into a must-read hub for digital media news, is leaving the company he founded eight years ago. Sources said Ali has told co-workers he will leave the company in early July, which will be two years after he sold ContentNext, PaidContent’s parent company, to the London-based Guardian Media group. He didn’t tell staff what he intends to do next.

The Guardian's Changing Media Summit in London: No Answers There Either!

On BoomTown’s recent grand tour of Europe, I paid a visit a week ago to London to moderate some sessions at Media Guardian’s Changing Media Summit 2009. As in the U.S., a lot of the same questions were asked there about when and how the new media business would cross the Rubicon to transform into a strongly profitable and sustainable business. And the answer to that query was just as hard to find as here.
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Found: A Publishing Optimist!

Not With a Bang, but a Wimp

Kara Visits CTIA Events in San Francisco

Kara Visits ContentNext's Rafat Ali