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Yes, there still is money it in for sure. Not nearly as much as there used to be but its definetly not a lost cause.
One tip I would definetly give you is go TGP instead of MGP.
MGP is dieing a slow death but TGP has took a hit but is holding steady IMO.
Just like any business it pays to diversify out a bit. Start some niche blogs and some niche TGP's.
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