Conglomerate recently entered into two distribution agreements, which I will discuss in more detail in a later post, but one of the relationships required a bit of navel gazing because we were offered royalties. We have never accepted advertising (despite lots of offers), and we have avoided attempting to make money from blogging. Money changes things, especially when the end product is a collaborative effort, and we want to keep this operation simple. We blog because we love to blog. So we ended up signing a distribution agreement without royalties. We left the money on the table.
That probably comes off sounding a bit smug, but I don't feel smug. We didn't leave a lot of money on the table. And I still read and enjoy lots of money-making bloggers, including some in this BusinessWeek slideshow, which estimates Boing Boing's revenue at over $1 million per year. Wow!
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1. Posted by Eric Goldman on July 18, 2007 @ 12:57 | Permalink
If my own experience is at all generalizable to you, I can validate that you're not leaving much $ on the table! Eric.
2. Posted by mayra on July 18, 2007 @ 16:40 | Permalink
How can I make a blog of my own?
3. Posted by Jake on July 19, 2007 @ 21:58 | Permalink
Conglomerate could at least stoop to sell caps and T-shirts. I'd buy one.
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