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
Posted on 05/18/2010 at 4:18 PM by Andy Plesser