Blog company Automattic has a massive audience, less-massive revenue

Executives from Automattic, the company behind blogging service WordPress, recently took the stage at the Le Web conference in Paris, where they shared some details about how the company is doing, as recounted in TechCrunch. The big takeaway: Automattic has signed up a long list of publishers who reach a huge audience, but it hasn’t succeeded in turning that into equally an impressive source of revenue.