News Corp’s UK Publisher Invests In Search Ad-Driven Property Site Globrix

From our newest site paidContent:UK: News Corp’s UK newspaper publisher News International has made a “multi-million” investment in London-based Globrix – a property search engine launching in November that aims to use “Google-style” ads as its business model. The exact size of the investment or stake were not disclosed. Estate agents will get to list their properties for free at the site because it will “generate revenues from the sale of advertising space around the results in the same way as search engine businesses such as Google”, the company says. More detail at PCUK