Bigger than the New York Times

Collectively, more people read blogs hosted on Blogspot  than the New York Times, more people read blogs hosted on Xanga than the New York Times.  Rick Bruner over at Business Blog Consulting ferreted out this information and also points to revealing charts like the one below.  Add to Blogspot, Xanga and Six Apart who created Moveable Type and Typepad and you can begin to sense how big the blogosphere is.

In one glance you can see the spiral down of the mainstream media and the spiral up of the blogosphere. To stay on top of Corporate Blogs,  the NewPR/Wiki offers a list that is continually updated.

There's also the start of CEO Blogs list and a Product Blogs list . 

Barry Diller is going to buy Ask Jeeves including its newest acquisition Bloglines for $1.85 billion.
Barry Diller's company, IAC/Interactive Corp,  also owns City Search, Ticketmaster and Match.com.

Yahoo is buying Flickr which you wouldn't know about if you weren't reading blogs

Hat tips to  Steve Rubel at Micro Persuasion who stays on top of what's happening and tells us in few words than most