Shoemoney sold AuctionAds to Media Whiz

This is already old news, but I had to write about it. Last week, Shoemoney sold his part of the Auction Ads network to Media Whiz, which currently owns Text Link Ads and ReviewMe, which we already know, and if you don’t you should be ashamed. Auction Ads was started by Shoemoney in cooperation with Media Whiz only four months ago and it had a whopping start, gathering 25,000 publishers.

For those that don’t know how Auction Ads work, it’s pretty easy. Auction Ads is actually a big eBay affiliate, which gathers all its members into a large affiliate, because eBay pays its affiliates depending on the number of sales (the more sales you have, more money you make).

Auction Ads was paying its members 100% so it had no significant revenue and the amount of money involved in this transaction wasn’t made public.

Top 50k blogs generated $500 million revenue last year

Here’s something that could really get you motivated in dedicating more time to blogging. Chitika and the University of Texas conducted a Blog Dollars Study which estimates that the top 50,000 blogs generated $500 million in 2006. This is one of the first studies that tries to estimate the revenue involved in blogging. The estimation is based on Chitika’s network of 12,000 publishers and the top 50,000 blogs are determined by their Technorati rank. Of course, this is not very accurate, but it gives an idea of the dollars involved in blogging.

And here’s how the revenue is distributed:

* The top 1% accounted for approximately 20% of the total revenue.
* The top 5% accounted for approximately 50% of the total revenue.
* The top 10% accounted for approximately 80% of the total revenue.
* The top 15% accounted for approximately 90% of the total revenue.

Via TechCrunch.

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