One OhMyNews columnist took in nearly $30,00 (30 million won) in a week as readers paid $10 or less apiece to show approval of a critical article. But that’s the exception, not the rule, for OhMyNews contributors—compared to “street musicians or performers” by Jean Min, director of the international news division. Most get $2 to $20 from OhMyNews, although dozens have book deals as a result of their exposure. Min told the SF Chronicle that the five-year-old site expects to make $10 million this year; it went into the black in September 2003. It gets 1.7 million to 2 million page views a day. About 70 percent of the revenues come from ad sales, 20 percent from syndication and 10 percent from premium content.
The English-language edition launched last May; readers come from North America and Europe account for more than two-thirds of the traffic. Just saw this ... the site is offering OhMyNews correspondents a way to help Katrina victims by donating their “Cybercash” earnings to the American Red Cross.