Nick Denton points us to a ranking of online media networks generated by Editor & Publisher. The Gawker Network founder says that despite the erratic way that this ranking is generated, this is the best guide we have so far about what is happening in the media space.

Denton pulls three key learnings from the data – online born publications don't dominate, TV has taken a huge proportion of web traffic and newspapers are struggling:

Conclusions? First of all, internet-born properties such as Yahoo! News, The Huffington Post and Gawker Media—with 14 of the top 50 properties—do not dominate.

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