Newsvine Launches

Steve Rubel points to the launch of Newsvine and writes about their model:
“The most notable feature of Newsvine, however, is the ability to contribute and aggregate your own news articles at your own personal URL (e.g. steverubel.newsvine.com) and then monetize it. All contributed articles are clearly delineated from the rest of the content. Contributors collect 90% of the ad revenue generated through traffic to their personal domain. The other 10% goes to the person who referred you to join the site.”

I got an invite yesterday and to be honest I didn’t really get it, although I didn’t spend a lot of time there. Might be time to pay a new visit is they are coughing over the bucks :-)