Disclaimer first: I am a blogger for B5media so my excitement for this is both personal and professional.

Yesterday we got word at b5 media, okay I knew well beforehand, but that's insider stuff, that JLA Venture Partners and Brightspark have closed a VC financing deal with B5media to the tune of $2 million.

Personally, I see this as an affirmation that the blog network business model has real legs.  Build niche blogs on hot topics, sell ad space, make money.  I am still gathering my thoughts on it all.  But my friends, Rick and Shel have chimed in and Darren of B5 pulls those two together nicely.  On reflection, the real story isn't about blog networks, but really the power of niche content and online advertising.  People are zooming to niche content like never before and advertisers see that and are responding.  I suspect that B5 is going to pursue more deals like they have with Fox TV to really accelerate this whole process.

And, yes, we're all very excited at B5.

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