Pajamas Media dumps blogger ad network, going ‘television’
February 2, 2009 at 9:46 am by Wayne GarciaIt was supposed to be the next big thing in online news and blogging. But Pajamas Media never quite caught the wave, and with an unclear mission, it is now the bane of its former blogging network.
Founder Roger Simon wrote this to them:
I wrote a letter to the Pajamas Media network bloggers yesterday, some of whom took it a bit more personally than intended. We disbanded the ad network part of our business for a simple reason: it was losing money and we couldn’t see how in the reasonable future that would change.
Actually that part of our business has been losing money from the beginning, so the people getting their quarterly checks from PJM were getting a form of stipend from us in the hopes that advertisers would start to cotton to blogs and we could possibly make a profit. Didn’t happen. No wonder those people are kicking and screaming now that they are off the dole. I might too. [What's their beef? I thought most of them were free marketeer libertarians or something.-ed. Go figure.]
One blogger’s response.
