Yahoo has purchased the crowd-sourced content company Associated Content. Kara Swisher puts the price tag for the company at $90 million cash.
Earlier this year, I interviewed Associated Content CEO Patrick Keane about the company's operation and growth.
The site relies on some 350,000 "citizen journalists" who contribute to the site. Many call this crowd-source content play as "content farm." Great piece on this sector in The Economist titled "Emperors and Beggars."
We have republished the interview today.
Andy Plesser, Executive Producer