I wrote in a recent Blog post about how content is king again. It’s true: Online media properties with fresh, relevant, updated daily content are as hot as steak sauce at a Texas barbeque festival. Venture capital companies, banks and media holding corporations are lining up, one by one, to raise their bid paddles and take the next Web 2.0 start-up on the auction block. JPMorgan Chase is rumored to be setting up a new fund for Internet companies. Companies like LinkedIn are gearing up for an IPO while Facebook holds its cards close to the virtual vest. Twitter flirts from a distance with Google and Facebook. Others like Pandora, Tumblr and Quora are seemingly on their way to large injections of investment, acquisitions, or public offerings. Even sites like Mashable and TechCrunch, or companies like Gawker would appear to be top candidates for investment or buyouts.
The Commoditization of Content
Posted by dflin under NewsFrom http://www.dwayneflinchum.com 4834 days ago
Made Hot by: Cathode Ray Dude on February 20, 2011 6:42 pm
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Much of this development is positive but as paid newspapers go down the tubes, where do we get news we trust when professional journalists can no longer be paid?