Do you think if the Obama administration knew how much more racist it would make the Drudge Report they still would have had Andrew Breitbart killed?
Before the entire economy of Earth collapsed, online reporters who covered the exciting world of "blogs with banner ads" enjoyed speculating on the value of various websites run by a couple of clever weirdos here and there. Was Gawker Media worth more than General Electric? Had PerezHilton.com eclipsed Disney in valuation? Etc. Well, the economy must finally be "great again," because there's a new Business Insider post claiming Matt Drudge's web page is worth "$150 million to $375 million."
This in-house LA Times memo explains how to make it on the Internet. Two big stories blew away some previous benchmarks, it sounds like. One was the story about Obama bowing in Japan! That is because it was in 48pt type on Drudge, and was the biggest traffic day for the paper's Top of the Ticket blog ever, which covers, like Obama and stuff. Fancy that. The other traffic winner was about a bunch of local sports on Saturday. The future of newspapering, according to Tony Pierce, the LAT's blog editor? "So yes you should post on weekends. Yes you should post in the middle of the night."