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Who'll Get Rich From AOL's Buyout of Weblogs Inc? Not the Bloggers!

Bloggers who work for Weblogs Inc, newly acquired by AOL for $25 million, soon will have ownership of their content; vastly increased exposure through AOLs subscriber network; and other favorable terms yet to be announced. But there's no more than an "allusion" to more money for the bloggers, who now work for a pittance.

That's the word from Darren Rowse of ProBlogger, who says a WIN staffer sent him an internal email with the details.

Dot Blog Millionaires? Not Bloody Likely
The many dot.com millionaires of the 90s included rank and file who got stock. I sure hope the WIN bloggers, whose content is the heart of the blogs, will get a big payout. But I wouldn't bet on it.

Everyone at Weblogs, Inc is said to be happy that Calcanis is staying on. I predict that he'll be on to his next great adventure in no time flat. Money goes to money, as my grandma always said.


BL Ochman | Oct 6 05 5:52 | TrackBack (1)

Comments

From the stuff I saw, it looks like the bloggers in the network won't even be getting a raise. I'd imagine any money coming in from AOL will probably be used to hire ad reps...

Posted by: John at October 7, 2005 9:04 AM

Kinda makes you wonder if you're a blogger about signing contracts for your content now huh?

Posted by: Jim Kukral at October 7, 2005 12:34 PM

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Why blog networks are worth millions from The PC Doctor
It had been bugging me all throughout yesterday. Why  are  blog  networks  suddenly  worth  millions ? Well, last night, around 2 am (I’m a night owl and I work best at night - by about 8 am I’ve de-evo... [Read More]

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About BL Ochman
BL Ochman
Blogger, social media strategy consultant to Fortune 500 companies, and sought-after corporate speaker B.L. Ochman heads the creative team of whatsnextonline.com. She also publishes the Ethics Crisis blog for SRF Global Translations


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