Earnings: Hi-Media Profiting From Micropayments As Web Ads Slide

imageOnline advertising is shrinking but micropayments may yet have legs, if earnings from Fotolog‘s French operator Hi-Media are anything to go by.

The company, which publishes several vertical content sites including JeuxVideo.com, ActuStar.com and the Blogorama network, saw Q1 web ads dip 5.5 percent from last year to