How much money does drudgereport make

Posted: Podvig Date of post: 13.06.2017

Years after his big "scoop"--leaking that Newsweek was sitting on a story about the tryst between President Clinton and Monica Lewinsky--Drudge's website is bigger than ever.

While other news sites make money, they don't mint it Drudge-style. And that doesn't take into consideration the fact that the site's reports are actually generated by the newspaper staff, a cost allocated to the paper side only.

By any calculus, Drudge's site might be the most efficiently run on the Web; it makes the Times site look bloated. And he never has to leave the comfort of his Miami condo.

Drudge's minimalist approach dates towhen he noticed that people posting on Usenet often scooped the networks.

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To take on the network Goliaths, Drudge, who declined to be interviewed for this story, figured that all he needed was an e-mail address, a website, and a flashy persona. He cast himself as a fedora-wearing newshound working for the people, not the Man. His audience would double as his reporting staff: So Drudge amassed a vast network of independent sources.

That network of instant-messaging buddies is heavy with media insiders who use Drudgereport. Drudge's network has helped him routinely beat the big boys to the punch.

In just the last few months, he broke the news of celebrity photographer Herb Ritts's death and even scooped CNN when Walter Isaacson resigned as that broadcaster's CEO. That leads many loyal readers to check the site 10 to 15 times a day. That drawing power has turned Drudge into one of the Net's biggest traffic generators.

Just ask the New York Press. Last summer the alternative weekly ran a column that criticized Drudge. In retaliation, Drudge dropped the Press from his list of newspaper links. Overnight, traffic to the paper's site plummeted by a third. Along with that power comes profit.

how much money does drudgereport make

Lucido says ad space on Drudge's site sells out months in advance. The Drudge Report ranks 29th on the Web in advertising impressions. Back out a few expenses--such as server costs, his employee's salary, and Lucido's commission--and the rest is gravy.

how much money does drudgereport make

You'd expect a no-frills operation like this to exact a price. In fact, Drudge does sleep.

Why Drudge Report Remains the Best-Designed News Website of All Time

And he isn't exactly chained to his keyboard. How can he pull this off? It's all aditya birla group online trading of what WABC's Boyce calls Drudge's "theater of the mind. Drudge has resisted the temptation to sell the site to the highest bidder. He did, however, extend his brand by launching a radio talk show, writing a book, and hosting a now-canceled TV talk show.

Michael Kinsley, founding editor of Slate, who once tried, unsuccessfully, to do business with Drudge, says the go-it-alone persona is just a mask.

He thinks he's this forex binary options broker demo powerful, ruthless avenger," Kinsley says. Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.

How much money does drudgereport make times are ET. FactSet Research Systems Inc. Certain market data is the property of Chicago Mercantile Exchange Inc. A Time Warner Company.

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