Mediabistro: making blogs pay

Mediabistro.com believes to have found a way to make money with weblogs. The information and job portal for the media industry which recently purchased the television news blog TVnewser prospers by selling access to a job referral database, advertising career training sessions and sponsoring social events in local markets. "We have a machine for making money, and the blogs plug into that nicely", says founder Laurel Touby.