SeekingAlpha Revenue Share Nets Some Contributors “Serious Money”

SeekingAlpha, the financial news site that sort of kind of crowdsources its news, is paying out a decent amount of cash to its contributors, Talking Biz News reports.

Contributors who submit exclusive articles to SeekingAlpha can get paid $10 per thousand page views. Last quarter, 8,650 premium articles earned $486,000 in payouts, according to an email from CEO David Jackson obtained by Talking Biz News.

That’s an average of $55.49 per piece, but Jackson says there’s a wide range of earnings within the program.

There’s a wide variance of earnings: for some contributors, the payments are just a ‘nice have,’ while others are making serious money,” wrote Jackson.