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NEW YORK (AdAge.com) -- The Industry Standard, the Internet economy magazine that ceased publication in August, sold its assets in a San Francisco bankruptcy court today.

AOL Time Warner's Fortune magazine bought Standard Media International's list of approximately 100,000 paid subscribers for $500,000 at a bankruptcy auction.

Earlier this year the media behemoth bought Business 2.0, which it now publishes as a reworked version of its own Internet magazine, Ecompany Now.

IDG, which was a principal investor in Standard Media, bought other assets including the conference business, the controlled subscriber list, the trademarks and newsletters for a sum of $900,000.

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