Yahoo! has bought the media company

Yahoo! Inc. has agreed about purchase of web site Associated Content. Is inform in the joint press release of two companies.

«International Associated Content»

After purchase of 380 thousand authors of Associated Content will get access to 600-million audience Yahoo!. Today access to materials have only 30 million users. Besides, till now Associated Content only in territory of the USA. In the future, Yahoo! Inc. will make of the company the international web service.

The transaction sum will make about 100 million dollars, writes AdAge edition. Till now in Associated Content is invested only 21 million dollars. Financing was carried out by general director AOL Tim Armstrong together with other investors.

Associated Content is based since 2004

Monthly, this web site visits over 16 million persons. In total in library of Associated Content — 2 million materials. On each material the company earns not less than 5 dollars.

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