by Patrick Appel
While writing about aggregation, the Economist gets this wrong:
[A]nother kind of aggregator has emerged, which offers a selection of news and commentary. Some are eclectic, like the Daily Beast and the Drudge Report—the grandfather of the boutique aggregators. Others are more specific, like Perlentaucher, a German cultural website. The most successful of the lot, and the template for many newly unemployed journalists who have tried to launch websites of their own, is the Huffington Post.
Drudge is more successful the HuffPo when you compare man hours to web traffic. Drudge is also a better template for an internet start up.
Let's compare overhead. Huffington has around 60 paid employees and an army of 3000 unpaid contributors, many of them celebrities and politicians. The website reports original stories, has influential authors, and opines on nearly every major political story. Drudge Report, on the other hand, is staffed by two, so far as I know, and usually simply links to stories using a provocative headline. Clicking on Drudge's page for the first time one is blown away by the simplicity of his operation. A gaudy website, hand-coded, that looks exactly the same as it did ten years ago. How and why did this become a major news portal?