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The Blogging Geyser
Contributed by: S A J Shirazi, at 4/13/2005 01:09:00 PM.

Perseus Development Corp randomly surveyed 10,000 blogs on twenty leading blog-hosting services to release the latest edition of its model of blog populations. Based on this research, Perseus estimates that 31.6 million blogs have been created on services such as LiveJournal, Xanga, MSN Spaces (NASDAQ: MSFT), AOL Journals (NYSE: TWX) and BlogSpot from Google (NASDAQ: GOOG). Based on the rapid growth rate demonstrated by the leading services, Perseus expects the number of hosted blogs created to exceed 53.4 million by the end of 2005.
One of the newer aspects of blogging is that it's now an added feature being incorporated into other web applications. Social networking sites like the reinvented MySpace.com and teen sites like Bolt.com now offer blogging as a standard feature of their online accounts. Blogging appears to be used by just 4.7 percent of Bolt's 4.5 million accounts and by a somewhat greater percentage of MySpace.com's 12 million accounts. While neither service has been included in this study, they are testaments to the continued expansion and growth of web logs.
On Ads on the blog, Blog advertising network Blogkits has found that the majority of bloggers find advertising on blogs acceptable. The survey of around 1000 bloggers found that 71% thought that advertisements are acceptable on blogs. Interestingly 29% conversely said they didn’t find advertisements acceptable on blogs. In a sign of extreme optimism, 52% of respondents also said that they thought they could make a full time living out of blogs.
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