Conventional wisdom suggests only a handful of bloggers can make a living at the craft. Jeremy Wright and two colleagues apparently think otherwise. With the launch of b5media, Wright seems to be saying that compelling content can turn a buck. Along with Duncan Riley and Darren Rowse, Wright has opened the doors on their blogging network on August 30, paying their bloggers 40% of the revenue the blog earns through advertising. The network currently boasts 13 blogs, covering everything from cell phones and movies to to Microsoft and video games. A post today in Search Engine Journal has the whole story.