Helium Writers Exceed $1M in Total Earnings

Mon May 18, 2009 9:00am EDT
 
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Milestone Validates Success of Helium Publishing Model
ANDOVER, Mass.--(Business Wire)--
Helium (www.Helium.com), the world`s largest writing community, today announced
that its writers have exceeded $1 million in total earnings. The amount - more
than half of which was generated over the last six months - is a significant
validation of the Helium publishing model. At present, over one thousand Helium
writers have earned more than $100, and top earners have made over $5,000 in a
matter of months. In addition to the rapid acceleration in earnings, the company
has experienced a 70% increase in traffic to Helium.com over the last six
months. 

"This milestone represents definitive proof that there is a real market for
writers to be compensated for their work online," said Mark Ranalli, CEO of
Helium. "In the midst of increasing volatility in the traditional media
industry, Helium is attracting thousands of publishers and connecting them with
high quality subject matter experts on a regular basis." 

Recently named by Writer`s Digest as one of the "101 Best Websites for Writers,"
Helium rewards its writers based on merit, including the number of articles
purchased through the site`s Freelance Writing Marketplace, winning writing
contests and achieving high ratings from fellow writers. 

In addition to increasing interest on the consumer side, Helium has benefited
from forming partnerships with major media companies. Last fall, the company
announced an alliance with Hearst Newspapers, which is leveraging the platform
to cost-effectively access premium local and lifestyle editorial content for its
newspapers. 

Helium has also attracted attention by forming partnerships with prestigious
journalism organizations such as The National Press Club and The Society of
Professional Journalists, which view the site as a resource for their members to
build their digital writing credentials and showcase their work in front of
thousands of publishers online. 

Helium is free for anyone to join and the community includes a variety of
writers, including professional journalists, college students, stay-at-home
moms, and medical and legal industry professionals. 

About Helium

Helium is the world`s largest community of writers. Since its inception in 2006,
Helium`s writers have published over 1.25 million articles on 125,000 unique
topics. Each month more than 3 million people visit Helium.com to read articles
on a range of subjects from careers to home & garden, parenting, politics and
more. Helium writers earn money and establish digital credibility by publishing
articles on Helium, securing writing assignments with publishers through
Helium`s freelance Marketplace, competing in writing contests, and engaging in
civilized debate around the issues and causes that are most important to them.
Recently named by Writer`s Digest as one of the "101 Best Websites for Writers,"
Helium is a privately held, privately funded company headquartered in Andover,
MA. For more information, please visit www.Helium.com. 



Kel & Partners
Liz Bradley, 857-891-5531 (cell)
liz@kelandpartners.com

Copyright Business Wire 2009

 

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