Second Annual EconSM Conference to Focus on the Economics and Global Impact of Social Media
NEW YORK, April 23 /PRNewswire/ — ContentNext’s, parent company of paidContent.org, Second Annual EconSM Conference: The Economics of Social Media, will be held in Los Angeles on April 29th to promote dialogue and answer key questions about established and nascent social networks such as what makes some flourish and others falter? The conference’s full schedule of topics and speakers list can be viewed at http://www.econsm.com/.
ContentNext Founder and Editor-in-Chief Rafat Ali remarks, “paidContent.org has been providing comprehensive coverage of the deals, personalities and companies leading the space and our unparalleled wealth of data on this subject forms a dynamic foundation for the Second Annual EconSM Conference. EconSM is exactly where forward-looking and future-shaping digital media executives are going to share high-level insider intelligence about the social media network arena. We expect a high number of decision makers and impact players in their respective industries along with the founders, technologists and others who are inventing — and investing in — social media and we’re advancing the conversation in step with the evolution of social media, from niche to network: where is the money to be found, made, and re-invested?”
ContentNext Co-Editor Staci D. Kramer says, “The data warrants serious dialogue: more than $1 billion in acquisitions this year and we’re not through April yet. Large investments, such as AOL’S $850 million for Bebo; $60 million for Ning are the exception rather than the rule. Twenty-nine social media companies were acquired in the last 12 months for nearly $2.5 billion dollars and 91 new social media networks have received nearly half-a-billion dollars in funding since January 2008. Aided by the opening of social networks to third-party developers, the expansion of niche social networks and the ad network trend, investment in social media and adjacent areas continues, as do the conversations about this space.”
In mid-May, ContentNext Media will publish its second Social Media Deals Report. Covering 2007 and the first quarter of 2008, the report will break down the important categories, including mobile; track investments by private equity, VC, angles and media companies; report on M&A activity, and highlight international investment.
ContentNext is an online media hub focusing on the most current and relevant information for executives in the digital media, entertainment & technology sectors. By covering crucial breaking business news in a reputable manner the site established itself as an “executive must read” by providing thoughtful, impartial and credible analysis of innovative and sustainable digital media business models.
Sponsorship Opportunities are still available at the conference, for more details please contact Pat Dignan pdignan AT contentnext.
About ContentNext
ContentNext is an independent media and information company based in Santa Monica, California, covering the business of digital media. The company operates four award winning sites: paidContent.org; paidContent.co.uk, mocoNews.net; and contentSutra.com. Founded by journalist Rafat Ali in 2002, the company’s news sites chronicle the economic evolution of digital content that is shaping the future of the media, information and entertainment industries. Our belief is that in the near future, all media will be digital media, and we are helping define sustainable business models and innovation within this sector.
ContentNext
CONTACT: Press Inquiries, Deborah Roth, +1-917-319-8711,press@contentnext.com, or Sponsorship Opportunities, Pat Dignan,pdignan@contentnext.com, both of ContentNext
Web site: http://www.econsm.com/