ReadWriteWeb

Blogging is now big business. Mike Arrington reminded us of that with a rant this morning. According to Arrington, about $25 million of VC money went into the coffers of top-tier blogs and blog networks last year, $8.5 million the year before. And maybe I'm reading him wrong, but I detected a bit of distaste when he talked about blog writers starting to think they're worth more than the $5 per post standard apparently set by pioneering blog networks like Weblogs, Inc. and Gawker Media.