- GigaOm, Thursday, July 8, 2010 12:54 PM
Are bloggers giving up on the promise of ad-supported autonomy? Suggesting as much, GigaOm
which offers its own subscription-based services -- points to a growing number of media pioneers who are scrapping their ad-supported blogs for subscription-based email newsletters. Most recently, Sam
Lessin, founder of streaming-media startup Drop.io, said he was shutting down his blog and starting a subscription newsletter.
Sensing a trend, Lessin also started his own
subscription-newsletter service named Letter.ly. Letter.ly is designed to allow newsletter writers to set their own price for subscriptions, and the Drop.io founder's blog is $1.99 a month. In part,
Lessin attributes a decline in blogging to the rise of Twitter and Facebook, which lead to what he calls "passive and active data-streams." What's more, in Lessin's opinion, writing a public blog that
was available for free to readers was "exceedingly disingenuous if not straight hypocritical given my strong belief in the value of information."
Read the whole story at GigaOm »