Today Erin Pettigrew announced the total traffic Gawker Media has generated in little more than 7 years. Nick Denton announced the first Gawker blog, Gizmodo, on August 14th 2002, some weeks after Peter Rojas started the blog with 6 daily entries. Denton called it a low-risk experiment and wanted to know if someone could make a living from blogging.
I have no idea how much Gizmodo can bring in revenues. All I know is that weblogs are a compelling form, gadget addicts are all online, and Amazon.com’s API makes it easy to connect product with content.
Most importantly, this is a low-risk commercial experiment. Most media companies suffer from overblown editorial, an ad sales force with padded expense accounts, and overly complex publishing systems with a team of primadonna sysadmins to maintain it. By contrast, Gizmodo will be a couple of hours a day of Pete’s link-picking skills, some automatically generated Amazon.com links, and $150-worth of Movable Type. Media has never before been this lean. [Read more…]