[_delirium]

That was partly in response to their inability in the late 1990s / early 2000s to monetize their main (at the time) content, which was staff-written longish-form comedy, so they ended up turning to their forum users (initially a small side thing) to provide an income stream. Admittedly, the banner-ad market of the time was also a quite different place, so it's possible that if AdSense had existed, they would've done fine. For example, Google wouldn't stiff you on payments they promised, or go bankrupt owing you tens of thousands.

Via Wikipedia, two articles from the time on SA's monetization woes pre-forum-fees:

http://lowendmac.com/musings/express.html

http://web.archive.org/web/20020202083639/http://www.theduke...