Guardian Looking to Sell ContentNext Media, Distributor of

Nov 22, 2011

Guardian News and Media Ltd. has put ContentNext Media, distributor of and its sister sites, up for sale. Guardian is asking for $20 million and has reportedly received "several expressions of interest" from potential buyers.

Investment banking company Coady Diemar Partners, LLC, has been hired to market ContentNext, which Guardian purchased three years ago.

ContentNext also distributes a paidContent:UK site, a conference and events business, as well as, which covers the business of mobile content, and Overall reportedly attracts 639,00 unique users and 1.3 million pageviews a month and 808,00 uniques across all four sites.