Niche audience = $10 million

Nikki Finke 10-7-09“…Mail.com Media Corporation…purchased Deadline Hollywood Daily for upward of ten million dollars….It is an ambitious plan for a site that attracts a few hundred thousand unique visitors per month – but then many in that group check the site ten times a day.” “Call Me,” by Tad Friend, The New Yorker, Oct. 12, 2009

This is a telling statement, despite mixing up the use of “monthly unique visitors” with “daily unique visitors.”

It doesn’t matter how many millions of “monthly unique visitors” a news site has.  The value of a site is based on the ratio of visits per weekly or daily unique visitor.

It also matters who those unique visitors are.  Deadline Hollywood Daily is a must-read, not just for the hangers-on in the “Industry” but for studio and agency executives at the highest levels.

Nikki Finke, the diva extraordinaire without whom DHD would be worth nearly nothing, posts 24/7, multiple times a day.  So, the number of visits per daily unique visitor is the more appropriate metric.  The number of monthly unique visitors is a “so what” number – useless.

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