Blog Network to Sell For $20 Million Plus
Victor Cheng writes "Blogs are big money. The Weblogs Inc Network is apparently about to be sold for over $20 million to AOL, an individual blogger is making over $400,000 per year from his living room, a blogger writing about shoes is claiming a six figure income and blog networks are starting every second day with hopes of making it big. It looks like it might be time to dust off the old blogspot blog again."
I make enough from Google Adsense on my blogs/sites DNAhack.com and Econotarian.Org to pay for the DNS registration, and I could probably pay for nicer hosting if I wanted to as well and still come just a bit ahead in the end.
Many will fail. There was already a casualty this week, as Webby Media shut down just nine days after launching. Their business plan: give away 100% of ad revenue to bloggers. Doh!
There are now blogs emerging that do nothing but cover these blog networks, like the newly-launched Blog Network Watch or Blogebrity.
RichM
Data Center Knowledge