Gothamist
gothamist.com (and 13 other sites in the "-ist" network)
Launched: January, 2003
Revenue: Monthly average of $50,000 to $60,000 over the past 12 months
Gothamist, with estimated monthly revenues of $250,000, evolved from two friends writing about New York City to a full-time news operation and a network of local blogs across 14 cities on four continents. Publisher and co-founder Jake Dobkin, who owns the company with co-founder and editor Jen Chung, sells ads direct to maximize revenue. They're on the verge of hiring a full-time ad sales director to complement their team of five full-time editors in five cities, part-time associate editors, and paid contributors. Together they generate 20 to 25 posts daily on their most popular sites, and draw 7 million page views a month. Advertisers like the demographics: young, educated, and often wealthy readers. A real draw for the city-based sites is the ability to target online ads geographically: "It's a benefit that some of the other independent publishers or blog networks can't offer," Dobkin says.
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