Wednesday, September 2, 2009

Ex owner buys citizen journalism firm

Denver billionaire Phil Anschutz has paid about $25 million for a Canadian company, NowPublic, which hosts unpaid citizen journalists in 140 countries, according to PaidContent.org.

Anschutz, who paid $10.7 million for the Examiner in 2004, plans to use the Vancouver-based NowPublic to further his brand of citizen journalism sites, Examiner.com, where bloggers (or "examiners") are paid based on how many hits they get.

NowPublic says it has citizen journalists in 140 countries, while the Examiner.com claims to have 13,000 examiners in 20 markets across the U.S.

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