Apparently Weblogs Inc, the blog media company founded by Jason Calacanis and Brian Alvey has been bought by AOL for a staggering $20 million (or so i’ve been told). That’s twenty million dollars my fellow bloggers! Holy mother of blogs, that’s amazing. I was also shocked to learn that Weblogs Inc were making an average turnover of $1 million plus per year on Google AdSense alone bringing their overall takings each year to roughly $2 million.

This entry was posted by Lee on Thursday, October 6th, 2005 at 9:52 pm and is filed under Blogging. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.