The Narrative Fallacy writes "The LA Times has an interesting story on the state of Wikipedia's finances and how with 300 million page views a day, the organization could be worth hundreds of millions of dollars if it sold advertising space. Without advertising the foundation has a tough time raising its annual budget of $4.6 million. The 45,000 or so individuals who contribute annually give an average of $33 each, so campaigns, which are conducted online, raise only about one-third of what's needed. As Wikimedia adds features to its pages, such as videos, costs will rise. 'Without financial stability and strong planning, the foundation runs the risk of needing to take drastic steps at some point in the next couple years,' said Nathan Awrich, a Wikipedia editor who supports advertising."
DEAL: For $25 - Add A Second Phone Number To Your Smartphone for life! Use promo code SLASHDOT25. Also, Slashdot's Facebook page has a chat bot now. Message it for stories and more. Check out the new SourceForge HTML5 internet speed test! ×