HuffPost raising $$$$$
The fast-growing site is looking to pick up about $10 million, according to Henry Blodget in Silicon Alley Insider. This follows a $5 million injection last year (operations are based in NY, with only a nominal presence in L.A.). Traffic has soared in recent months (100+ million page views in a month), but what happens after the elections are over? The site has tried to diversify, with separate departments for business, media and entertainment, but the politics side is really where the action is.
12:11 PM Tuesday, June 3 2008 • Link
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© 2003-2008 • About LA Observed • Contact the editor
| NY Federal Reserve Bank President Timothy Geithner will be nominated for the post, according to several news reports.
| L.A. County unemployment in October was at its highest level level in more than 12 years.
| Without referencing its recent layoff, the Ventura County Star's editor says the suburban LA paper is now "more streamlined and, in many ways, much more efficient."
| We stripped the Indians of their ponies, and now we're doing it to ourselves.
| When the sun looks like that, there's a big fire somewhere regardless of whether we see or smell smoke.
Lee Abrams, Tribune Company's chief innovation officer, doesn’t seem too impressed with the Los Angeles Times. That’s the feeling I got when he appeared at the Los Angeles Press Club.
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