Gawker’s revenues much rosier than expected
Nick Denton: ” I’d rather be wrong and thriving than right and dead.”
The plunge has already been pretty terrifying for a range of companies from Yahoo and IAC to the newspapers. But I was wrong in one respect: a few premium internet brands, Gawker’s among them, have withstood the advertising apocalypse.
Here is an updated version of the apocalyptic chart I published last year. The scale is removed but you can see that Gawker’s advertising growth continued pretty much uninterrupted: first-half revenues were up 45%. Sometimes there’s consolation to be found in congenital pessimism
