Gawker Media Revenues/Pageviews Up, Bitter/Sweet
Felix Salmon at Reuters reports:
Nick Denton says that Gawker Media’s revenues were 45% higher in the first two quarters of 2009 than they were in the same period last year; he also tells me that pageviews are up 40% June-on-June. Judging by his chart, profits (revenues less expenses) hit an all-time high this quarter, which explains why he’s started hiring again. (He passed, however, on hiring Bonnie Fuller.)
Since they slashed jobs and blogs and folded Defamer into the main site, these numbers seem…generous. But they’re hiring. So there’s good…news.
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