In 2010, online advertising will modestly recover, content "farms" will grow,  the IPO pipeline will open a crack and media M&A will increase as media companies look to buy and targets have "rational" valuations, says Rafat Ali, Editor & Publisher of paidContent.

We caught up with Rafat earlier this month for an overview of the year ahead in digital media.

Many of these topics will be discussed at paidContent2010, the February 19th day-long media summit in Manhattan. 

Andy Plesser, Executive Producer