Frank Barnako of CBS Marketwatch reports that Blogads, the company that sells ads for placement on blogs, is getting its ads onto as many as 100 blogs daily, compared to 10 or 20 a few months ago. According to Blogads founder Henry Copeland, quoted in BusinessWeek Online, “More money (will flow to) more (blog) authors as smart advertisers bypass publishers and pay authors directly for their audiences.” Current advertisers include Sharp Electronics and The Walt Disney Company.

They’re advertising on 100 blogs every day…out of more than 4 million. But business is good, Copeland says. Imagine how much better it’ll be when it passes .01% of the 1 million blogs that are updated regularly. Then business will be really good.