Detailed text transcripts for TV channel - CNN - 20110208:05

Detailed text transcripts for TV channel - CNN - 20110208:05:53:00

>> it didn't work with the london times, did it? >> interesting point. i think the jury's still out. but it's a controversial move. >> the jury's in, it's been in for a long time. consumer habits have changed. people are used to getting their news for free. the only things people are willing to pay for on the inernet specific financial information that they can monetize. and don't ask me why, but they're willing to pay for weird porn. don't ask me one. >> one of the future things we're looking at now, the model has been fuelled by free content and will be for some period of time. one of the things we see that's exciting in this, how do you create content, whether it's free or paid for delivers a magical experience. >> how much does it make at the moment, profit? >> the huffington post? >> yes. >> it made about 30 million in revenue last year. we're projected to make 60 this year. >> is any of that actual profit? or is that? >> yes, and there's profit, it's the first time that they reach

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