This story was written by Rafat Ali.
So it isn't just in U.S., but some frentic blog media activity in UK as well:
--- Datamonitor founder Mike Danson, who bought half of left-leaning current affairs mag New Statesman in April, has invested a five-figure sum to buy a majority of unofficial Labour party blog LabourHome. More details here
-- MessyMedia, an attempt by former *Yahoo* European news director to set up a Gawker-style UK blog publisher, has just been shut down - or at least, the blog publishing part. The reason: "The audiences for these titles didn't warrant continued investment, particularly in the light of the advertising downturn the media sector is wrestling with." More here.
By Rafat Ali