Goodbye, paidContent

paidContent, the online news site started in Los Angeles by Rafat Ali, is officially disappearing, according to current owner and publisher GigaOm. In a post to readers, paidContent said it will be closing down the paidContent website, and moving all of its content over to GigaOm. The move comes two years after GigaOm acquired paidContent from former owner Guardian Media, which had purchased paidContent from Ali in 2008. Rafat Ali--who is now running a New York travel news startup, Skift--had built an empire of news sites on the brand new concept--at the time--of blogging articles and news digitally.