The WSJ reports there are over 20 million bloggers in the U.S., 1.7 million of which generate income, and under 500,000 of which make blogging their primary source of income.
But for how long can nearly 500,000 people who are gradually replacing whole swaths of journalists survive with no worker protections, no enforced ethics codes, limited standards, and, for most , no formal training?
"1.7 million American adults list making money as one of the reasons they blog."
I find even 5000 making their primary income from a blog unbelievable. I have a relatively high visibility blog, and I couldn't afford to live on a steam grate with what I make from blogging.
And if making money online is really that easy, how can it be that major media organizations with web presences read daily by millions like the New York Times, USA Today or Washington Post are still losing their shirts?
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