Blog Aggregating Companies are like the early days of cable
One of the purposes of this blog is for me to kick around ideas for what my next career moves will be. You get to read my brain droppings while I figure it out.
With that in mind, I enjoyed this quote from Nick Denton of Gawker Media:
http://blogs.reuters.com/felix-salmon/2010/07/09/why-is-nick-denton-suddenly-so-bullish/
“Denton lays out the most optimistic scenario: “This is like the early days of cable,” he says. “High—surprisingly high—startup costs. But eventually advertisers move across and the margins are lavish for the leading players in each category. Jezebel becomes Lifetime, HuffPo becomes MSNBC and Henry [Blodget] becomes CNBC.”
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