Summary:

Susan Mernit reports that Topix.net has been acquired by a consortium that includes Knight Ridder, Tribune Media Company and Gannett, as they try and stay relevant in the fast changing world of content. This has been an interesting month for self-funded/angel funded companies. Flickr got taken […]

Susan Mernit reports that Topix.net has been acquired by a consortium that includes Knight Ridder, Tribune Media Company and Gannett, as they try and stay relevant in the fast changing world of content. This has been an interesting month for self-funded/angel funded companies. Flickr got taken out by Yahoo, and now Topix.net is being taken out. Congratulations to Rich Skernta. As Susan rightly points out, this is a much smarter deal that NY Times snapping up a has-been service like About.com. I was chatting with folks from iUpload and they pointed out that big newspapers are very interested in the distributed media. Topix.net can help them add a lot of local content smartly by marrying local blogs with newspaper content. I think Topix.Net adds a lot of open content from blogs to the news channels of these newspapers. The only thing which worries me most is that the old media guys could make Topix disappear.

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