The Business Insider Turns a Profit on Strong Growth: Next Digital Media Powerhouse?
The Business Insider has released a very interesting article on their own internal results. The Business Insider is now profitable! The report stated that the company managed to produce a $2,127 profit for 2010. Those profits were on $4.8 million of turnover, so not exactly stellar results, but still a profit none the less.
The Business Insider has been steadily growing over the last few years and its great to see other digital media businesses growing in this current economic climate. The Business Insider have started to produce conferences which had a real impact on their revenues for 2010.
The Business Insider has around 45 emploeyees and attracts 7.8 million unique visitors a month across its properties (which include Silicon Alley Insider, The Wire, and Clusterstock).
