CNN invests in local news aggregation site

Posted by Leah McBride Mensching on December 10, 2009 at 3:57 PM

CNN will invest in local news aggregator Outside.in as part of a US$7 million series B funding round, The Wall Street Journal reported Tuesday. And beginning next year, the Time Warner-owned news network will feature the start-up's feeds on its Web site.

Dow Jones and the New York Post have also signed on, and will receive an ad-free version of the feeds. However, they can also get feeds for free if they include ads, paidContent reported yesterday.

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