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Marketing Revenue: Blog or Website?

I have a great idea for a website that compiles information from other websites, media, and word of mouth. The information I research is public, so I’m pretty sure it is legal to copy it and paste into mine?

I am not sure if i should start a blog, or website (with maybe a blog). The site will be rich in content and needed to be updated frequently and user interaction would be great! So a blog would sound like an ideal choice but my main focus here is TO MAKE MONEY through advertising such as Affiliate Marketing and Adsense. What would be the ideal choice here to maximize my profit?

Also, can you explain how affiliate marketing works in detail? Or any other methods of revenue-generating marketing!!!!

Thank You.