The blog business is tough even for Gawker Media, one of the blogging industry's first stars. A New York Timesarticle says Gawker has cut staff and put two blogs up for sale: Sploid and Screenhead.
One of the overlords of the blogosphere with 15 sites and enough buzz to arm every doorbell in the nation, Mr. Denton has watched page views at his sites double in the last year; Gawker Media and Nielsen/NetRatings put monthly unique visitors at 4.2 million. So it comes as a bit of a surprise that Mr. Denton celebrated a very upbeat stretch in the blogging industry by putting two of his sites on the block, reorganizing others and laying off several people.
Laying off journalists? How very old media.
"Better to sober up now, before the end of the party," he said in announcing the realignment. As of last Friday, Sploid, a tabloid-infested site built on screen shots, and Screenhead, an aggregator of video clips, were put up for sale. Editors at Gawker, Wonkette, Gizmodo, and Gridskipper were moved or replaced. At a time when mainstream media companies are madly baking their own piece of blog pie, Mr. Denton was summarily executing underperformers.
The article also says Gawker is working on proprietary software solutions for its blogs and planning a music site.