Steven Levy writes about Nick

Steven Levy writes about Nick Denton and Gawker Media in Wired magazine. Writers are typically paid $1500 a month (contract, not full time) and build a reputation good enough for a traditional publisher. Levy estimates Gawker Media nets $80,000 per blog per year. “Denton’s move to professionalize blogs bestowed instant credibility on an unknown single-writer Web site.”