Yahoo Sells TechCrunch to Investment Firm
Yahoo has sold its tech publication TechCrunch to Regent, a media investment firm that owns other websites including PCWorld and Macworld. Financial terms of the deal were not disclosed.
TechCrunch has had a number of owners over the years. Yahoo came to control the influential tech news outlet …
Related Knowledge Center: State of the business model
The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.