Wednesday, March 11, 2009

How the LA Times Could Kill the Print Edition

Based on its current level of online ad revenue, L.A. Times Editor Russ Stanton says, the Times could support an online staff of about 275 people at their present salaries, and even offer a slight bump in benefits. This factors in office space, equipment, and all other major costs. And get this: The paper would be a solid moneymaker, boasting a profit margin of about 10%.

Of those 275 folks, Stanton figures, about 150 would work in the newsroom; the rest would sell ads, provide tech support, and handle various administrative duties. [Click for MORE]

Sphere: Related Content

No comments: