Net Publishing Made Profitable

Pete writes “Wired has this story about what may become the new business model for online publishing.

“From the get-go, Adam Engst has pioneered just about every revenue model on the Internet — ads, subscriptions, sponsorships and the now-ubiquitous tip jar — with mixed success.

“Over the years, we could have made more money working minimum-wage jobs,” lamented Engst, who runs TidBits with his wife, Tonya, from their home in Ithaca, New York. “We do it for the love of it.”

But now Engst thinks he’s finally cracked it. Since last fall, Engst has published a series of rapidly produced e-books using a system he calls “extreme publishing.”””