Categories: OLD Media Moves

SeekingAlpha.com to begin paying writers

Joseph Tartakoff of PaidContent.org writes that SeekingAlpha.com will begin paying its contributors.

Tartakoff writes, “Founder David Jackson tells us Seeking Alpha is changing its business model in order to establish itself as a destination where people interested in finance can go to earn money. ‘If we can create a platform that puts a lot of people in business and we have exclusive content we can build a fantastic business in the long run,’ he says.

“Jackson also says that the fast-growing site can, for the first time, afford to pay contributors a “meaningful” amount. Seeking Alpha has about 3.4 million unique visitors a month, up from just over 2 million a year ago. And, it used part of the money it raised in a funding round last year to build up its sales team.

“The site will pay contributors $10 per 1,000 page views their posts generate. An average entry on Seeking Alpha gets between 3,000 and 4,000 page views, although there’s huge variation, Jackson says. He would not say how much Seeking Alpha charges advertisers on average to place ads, but he says the company is handing contributors an amount that is greater than Seeking Alpha’s own take. And he notes that the payments are significantly higher than those offered by other companies that pay contributors for content, such as Yahoo’s Contributor Network, which offers writers at most $2 per 1,000 page views, in addition to a small upfront payment.”

Read more here.

Recent Posts

Dynamo hires former Business Insider executive editor Harrington

Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…

2 days ago

Bloomberg TV hires Kerubo as desk producer

Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…

2 days ago

Jittery CNBC staff reassured by new boss

In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…

2 days ago

Making business news accessible to a wider audience

Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…

2 days ago

Rest of World hires Lo as China reporter

Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…

2 days ago

Bloomberg rises to No. 7 biz news website

Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…

2 days ago