Web Media's Positively Surprising News
While none is striking it rich, several appear to have gone beyond merely surviving. And an ad upturn later this year could really help
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By Amey Stone
Most investors gave Web media companies up for dead long ago. And many of those that have survived are still swimming in red ink. But here's the surprising news: A few actually look like they could make it and reach profitability some day soon. Traffic is increasing, the credibility of online news and information is building, and -- stop the presses! -- a small percentage of audience members are proving willing to pay for some content.