Gawking at the Future of Content
When the smartest guy (or gal) in an industry decides to throw in the towel on a business model, it's time to stand up and take notice. This week, the ever-controversial Nick Denton of Gawker Media - the most successful and well-known of all the blog networks that exploded in popularity over the past decade, declared to the Wall Street Journal, "I don't want to be the No. 1 blog network anymore. That's like being king of the playground."