SMRs and AMRs

Monday, February 14, 2011

The Economics of Blogging and The Huffington Post

By NATE SILVER
NYT

When The Huffington Post announced earlier this week that it was being acquired by AOL for $315 million in cash and stock, one group felt slighted: a set of unpaid bloggers for the site, identifying by the Twitter hashtag #huffpuff, which claims that The Huffington Post has “built a blog-empire on the backs of thousands of citizen journalists.”

Some analyses in the mainstream media have echoed these sentiments. “To grasp The Huffington Post’s business model,” wrote the Los Angeles Times’s Tim Rutten, “picture a galley rowed by slaves and commanded by pirates.”

I have enormous sympathy for anyone writing about public affairs, whether as a hobby or as a career. And I’d encourage people to think very carefully about where they are doing their writing, and what they are getting paid for it.

The fact is, however, that sentiments like Mr. Rutten’s reflect a misunderstanding of The Huffington Post’s business model. Although The Huffington Post does not pay those who volunteer to write blogs for it, this content represents only a small share of its traffic. And, to put it bluntly, many of those blog posts aren’t worth very much.

(More here.)

0 Comments:

Post a Comment

<< Home