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Blogit, Blog-for-Pay Venue, Hits One Million Mark in Content; Writers Gain Audience and Cash with First Subscription-Based Marketplace.


PALO ALTO Palo Alto, city, California
Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries.
, Calif. -- Blogit, a leading online network of readers and writers, today announced the Blogit community has reached the one million mark in writer posts and reader commentaries on over 25,000 blogs featured on the site. The milestone represents Blogit's growing popularity with its unique blog-for-pay model where writers receive compensation based on readership from the community itself.

"We set out to create a venue where aspiring writers can easily get started, find an immediate audience and reap financial rewards for building a following," said Mihail S. Lari, Blogit CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Today Blogit is a vibrant marketplace of readers and writers covering hundreds of topics. Blogit addresses the growing question of how to make money with blogs."

For aspiring authors, Blogit has helped circumvent cir·cum·vent  
tr.v. cir·cum·vent·ed, cir·cum·vent·ing, cir·cum·vents
1. To surround (an enemy, for example); enclose or entrap.

2. To go around; bypass: circumvented the city.
 the conventional, uncertain path to publishing. "I don't have to try to get a publisher interested and then wait three to six months for a submission to be published," said Ben Sainsbury Ben Sainsbury served as a Sergeant in the US Army's Psychological Warfare unit.

He is a 2005 Graduate of the Master of Professional Writing Program at the University of Southern California, a freelance reporter for PeaceReporter (Milan, Italy), and the
 aka bensains. "I can write a blog entry and get instant feedback. I am not stuck in limbo limbo

In Roman Catholicism, a region between heaven and hell, the dwelling place of souls not condemned to punishment but deprived of the joy of existence with God in heaven. The concept probably developed in the Middle Ages.
 waiting half a year to get my thoughts and ideas out."

Blogit operates on a strictly subscription basis starting as low as $9.95 per month for an annual subscription. The site features no ads. Half of subscribers' fees are paid out to the writers they actually read so readers can directly support financially their favorite writers. Blogit features several lists of the most popular blogs and makes public the dollars accumulated by writers as part of the member profile, similar to a power seller rating on eBay. Writers can opt to receive monthly payments through PayPal or check.

Blogit makes it easy for writers to set up and begin writing online. As important, Blogit provides an eager audience of readers perusing the site for topics of interest. Readers can immediately begin posting comments and connect with like-minded readers and writers. Using sophisticated algorithms and tracking systems, Blogit handles how much is accurately paid by each reader to a writer.

Blogit member Michael Beebe aka Unidentified_Hacker A person who writes programs in assembly language or in system-level languages, such as C. The term often refers to any programmer, but its true meaning is someone with a strong technical background who is "hacking away" at the bits and bytes.  said, "Everyone on Blogit is supportive and willing to offer honest criticism. There could be no better place for a writer of any level of skill or notoriety NOTORIETY, evidence. That which is generally known.
     2. This notoriety is of fact or of law. In general, the notoriety of a fact is not sufficient to found a judgment or to rely on its truth; 1 Ohio Rep.
."

About Blogit

Blogit was founded in 2002 by entrepreneurs and brothers Humayun Lari (an early blog reader) and Mihail Lari (a published author) to address the lack of an economic model behind the growing popularity of blogs. Featuring over 25,000 blogs, Blogit is the first subscription-based blog-for-pay venue that pays writers based on readership. Blogit is privately owned and headquartered in Palo Alto, California “Palo Alto” redirects here. For other uses, see Palo Alto (disambiguation).
Palo Alto (IPA: /ˌpæloʊˈʔæltoʊ/, from Spanish: palo: "stick" and alto: "high", i.e.
. For more information please visit http://www.blogit.com.

Blogit(TM) and blog-for-pay(TM) are trademarks of Blogit. All other trademarks are owned by their respective owners.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 20, 2005
Words:462
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