Gossip blogs and websites are all the rage. They generate enormous amounts of traffic and run the gamut of pop culture searches. I have blogged about CBS numerous times (wallstrip and last.fm acquisitions) as the network continues to diversify into a number of interactive and web 2.0 properties. “Content is king” and CBS continues to bet big on that platitude. $10 Million bucks for an infant site with next to no revenue is par of the course in the wake of over-inflated valuations in web acquisitions. However it bods well for a friend of my who is in this catergory and it may have just landed him some nice valuation. Take a peak at his glamor gab blog with a southern twist over at Fatback and Collards.
Paid content has the full scoop along with some sweet info about the seed angels behind Dotspotter.
About Tod Whipple
Dotspotter did everything right, dude and they are reaping the bennies. It’s the poor legacy slobs trying write original content that are left in the lurch. Look at the difference between and Oh No they Didn’t (a live journal site) and Perez Hilton. You have monetize big if you want to sell out. It’s all about creating the Empire. UNLIMITED POWER!