G-Media: The Empire blogs built

OKay, so I am the 2,000th person to point out what a shrewd–and powerful–media empire Nick Denton is building. New cars, gaming and just funny stff blogs went live today, and ad dollars are following.
Nick says: The new sites bring the total number of titles in the Gawker group to nine: Gawker, Gizmodo, Fleshbot, Wonkette, Defamer, Kinja, Jalopnik, Kotaku and Screenhead. Combined traffic in September 2004 was 19.2m page impressions, compared with 1.6m in September 2003, giving a month-on-month growth rate of 23%.
Will some big media company buy Nick, or just keep investing?
Prediction–One year from now, this company has been acquired or merged on the basis of audience and revenue going up 150%.