Felix Salmon: Gawker sums show why it’s a ‘highly profitable media co.’

Over at the Reuters blog, Felix Salmon does some calculations about Gawker and blog profitability, following a post on the Nieman Journalism Lab.

“(…) overall it’s easy to see how Gawker has now grown to the point at which it’s a highly profitable media company.”

Full post at this link…

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