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WeblogsInc to be sold to AOL

(via PaidContent.org) Yay, the Million-Dollar-A-Year blog network WeblogsInc of Jason Calacanis is rumored to being sold to AOL for an un-disclosed amount ($20 Million seems to the hte lowest figure that’s floating around).

Rafat Ali of PaidContent.org posted this exclusive earlier today and muses that “this is perhaps the first pure content-related company being bought out in the blog/ Web 2.0 space…or at least of this scale“.

Recently, Jason Calacanis recently announced in his blog that his blog network of about 90 blogs and 130 bloggers is earning about $1 Million a year (based on daily revenues from AdSense). His network includes the ubercool sites such as Engadget and AutoBlog.

Blogs do really have some kick-ass value these days. *ka-ching*

Abe Olandres
Abe Olandres
Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.
  1. Andre says:

    20 mil, hmm, you would think they could get a lot more if sold to AOL :)

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