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Yahoo Acquires Associated Content for $100 Million

May 19th - By NYConvergence at NYConvergence

Late yesterday afternoon, Yahoo announced its $100 million acquisition of Associated Content, a startup company based out of New York and Denver that is a 'web farm."  The company specializes in paying contributors/freelancers who produce photos, text or videos on all types of subject matter and then sells ads around the content.  

Associated Content currently has more than 380,000 contributors and it averages 16 million unique visitors a month, which Yahoo intends to push further as it is looking to take the platform abroad and to compete against ventures such as AOL's Seed.com. 

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