Mediabistro: Not a Happy New Year in 2009

Image by Mediabistro via Flickr

A decline in job revenues of nearly $1.9 million compared to 2008 results made 2009 a less-than-happy year for the education/jobs site Mediabistro.

According to Paidcontent.org, the impact of the sagging media jobs market drove down job revenues to $1.57 million for the first three quarters of 2009, a sizeable drop from Mediabistro's $3.47 million figure for the corresponding period in 2008.

Mediabistro, which is owned by WebMediaBrands, reported more than 11,000 paid subscribers to its premium AvantGuild service, down from 14,000 members in 2008 and 13,000 in 2007, according to Paidcontent.org. The subscription price to AvantGuild is $55 for one year or $89 for a two-year subscription.