Revision3, a Web TV venture of Kevin Rose, co-founder of Digg, show tripling its 2007 revenues in 2008, a source states. This comes amidst cutting shows and distribution deals in the last month. A source from the company confirms:
Revision3 will have tripled its revenues, to $3 million, by the end of 2008. Ad sales ticked up significantly in the 4th quarter, even as the the Web ad market began sputtering. Revision3 is on track to book more than $1 million in the last three months of 2008.