Newsvine is one of the social media sites, which pay for they users for the content they produce. Earnings are quite low, but with a good traffic at your website you can earn several hundreds of dollars - or you could before.

In April Newsvine earnings collapsed. For example in January 2008 users could get $0.56 for each vistitor, but in April 2008 the sum was only $0.15. 

Picture. Newsvine earnings $/visitor (0.56-0.39) and earnings $/views (0.36-0.29) in 2008 January-May.

Newsvine community and active contributors were upsed, but most decided to wait and see the next month before making conclusions. It was obvious, that earnings could not stay that low. But ther surprise was, that earnings did not make a full recovery. On the other hand, Google has also done bad result in 2/2008 quartali and it is likely that web 2.0 business is also going to recession.

Now let's see, how Newsvine community will react to this. I think that reaction is not that strong, because for me it looks like most of Newsviners are not there for money.  

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