Twitter may be the hottest thing on the internet right now but even with its popularity the microblogging platform that has become the platform of choice for many celebrities and artists has yet to make money. The people behind Twitter are now trying to make the venture profitable by changing its terms to potentially open itself up to advertisers. In the Twitter blog, … [Read more...]
Blog Networks Roundtable at Blog Herald
The Blog Herald's Thord Daniel Hedengren invited three heavy hitters in the blog network industry for our sister site's first roundtable discussion. Those invited were: Jeremy Wright, CEO of b5media Collis Ta’eed, CEO of Envato Mike Rundle, triad member of 9rules The discussion revolves around the health of the blog network business model, the current financial s … [Read more...]
b5 Media Cutting Writers’ Pay Rates?
We received an anonymous tip last October 1 from a person claiming to be a "b5 Blogger." Here's the message he left on our Contact page: b5 media is cutting our pay by at least half. They said it's because our stats were wrong for the past three years and now they're going to be right. The thing is the pay is lowering for most of us by 50% or more. A significant decrease. No … [Read more...]
“Spot the Second Bounce of the Ball”
Syntagma Media's John Evans has published an article on the recent hardships endured by blog networks, which are tied to the economic downturn. So what has the title of our post got to do with that? Well, that's Evans' answer to a timely question: What to do if you've invested heavily in an internet business, such as a blog network? Evans writes: Providing content on … [Read more...]
Shiny Media Gets $4.5 Million Funding
Shiny Media has announced it has secured investor funding amounting to US$ 4.5 Million. The investor in this case is Bright Station Ventures, run by entrepreneur Dan Wagner. Andy Merrett has stated at the Blog Herald that the capital infusion gives Bright Station Ventures 50% ownership of Shiny Media. In Shiny Media's announcement, CEO Ashley Norris writes: I don't … [Read more...]