February 11, 2009 2:35 PM
- Text
Blog Media In UK: Danson Buys LabourHome Blog; Messy Media Gives Up
(PaidContent.org)
This story was written by Rafat Ali.
So it isn't just in U.S., but some frentic blog media activity in UK as well:
--- Datamonitor founder Mike Danson, who bought half of left-leaning current affairs mag New Statesman in April, has invested a five-figure sum to buy a majority of unofficial Labour party blog LabourHome. More details here
-- MessyMedia, an attempt by former *Yahoo* European news director to set up a Gawker-style UK blog publisher, has just been shut down - or at least, the blog publishing part. The reason: "The audiences for these titles didn't warrant continued investment, particularly in the light of the advertising downturn the media sector is wrestling with." More here.
By Rafat Ali
So it isn't just in U.S., but some frentic blog media activity in UK as well:
--- Datamonitor founder Mike Danson, who bought half of left-leaning current affairs mag New Statesman in April, has invested a five-figure sum to buy a majority of unofficial Labour party blog LabourHome. More details here
-- MessyMedia, an attempt by former *Yahoo* European news director to set up a Gawker-style UK blog publisher, has just been shut down - or at least, the blog publishing part. The reason: "The audiences for these titles didn't warrant continued investment, particularly in the light of the advertising downturn the media sector is wrestling with." More here.
By Rafat Ali
Latest Now in MoneyWatch
- This week: Budget, Greece, housing, and inflation
- Previewing Obama's 2013 budget: Politics rule
- Clashes as Greek Parliament debates bailout law
- Ohio unemployment hits 3-year-low
- Jill on Money: Retirement investing, allocation, long term care
- Could "web-lining" be dangerous?
- Insurers respond cautiously to contraceptive plan
- Judge: Legally, breastfeeding not related to pregnancy
- Budget deficit drops to $27 billion in January
- Why the Powerball Jackpot is part of my investment strategy
- Is the new VW Beetle diesel worth the money?
- Consumer sentiment highlights risks to recovery
- Valentine blues? 10 best cities to be single
- December trade deficit widens to $48.8 billion
- Alcatel-Lucent returns to profit in 2011
- 6 things never to say in a performance review
- $26B mortgage deal: Who gets the money?
Latest CBS News Headlines
on Facebook Most Discussed Stories
on CBS News
- Qaddafi son runs mouth, so Libya wants him back
- Panthers surge past Isles 4-1
- Jittery investors watch Greece, US economic data
- Carnival goes to the dogs with Rio pet parade
on Facebook Most Discussed Stories
on CBS News






