I've heard this rumor a couple of times in recent months, and it's not inconsistent with my own impressions of the notorious gossip cyber-rag "Above the Law":   links from there send far less traffic than they did a few years ago (I'd say half the amount, probably less), and most posts there seem to generate very few "comments" these days (we should be grateful for small blessings).   The "quality" of reporting and analysis is as bad as ever, to be sure, but it looks like the audience is tiring of the show.  I don't imagine anyone in the legal profession or legal academia would be sorry if the blog folded, though I, for one, would miss their Supreme Court clerkship updates!  We will see what the new year brings… 

UPDATE:  The Blog Emperior does pay based on traffic.  "LOL" as the bottom-feeders in cyberspace say!  Happy New Year to all readers, the blog will probably be relatively quiet until the New Year (thanks Mr. Patrice, for filling my quota), unless something exciting happens (like ATL releases the comparative data [to contradict the evidence noted] for public inspection).  My philosophy blog alone runs roughly  400,000 "unique visits" per month (and I don't make my living off of it!), so if ATL's "best" months are only a million visits, they are in worse trouble than I realized!