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| Press Release: SpeakToMe Offers New Business Model for Social Media Websites and Blogs |
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Greenwich, CT November 7, 2008 – SpeakToMe Inc. has launched a new product aimed at helping social media websites and blogs monetize their rapidly growing audiences.
"The biggest problem for successful online publishers is getting paid for their work," says Ted Murphy, President of SpeakToMe. "The three legged stool of print journalism, publisher-reader-advertiser, is simply not available online. The only categories that get paid online are keyword search and classifieds. 3% of the Internet page views make over 75% of the money. Search and classifieds generate a $40 CPM while everybody else makes less than $1 CPM."
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The following is being issued by Judge Edward Fadeley, Retired Associate Justice of the Oregon Supreme Court:
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