More on NYT vs NYer

NYT has about 1250 newsroom staff.

Monthly operating cost is $150mm.

About $100k per month per newsroom staff.

So 10x cost vs the likely $10k/month salary for the news people.

They collect about $155mm in revenue per month so they are a little profitable.

By contrast I suspect the New Yorker is 100 people or so, with proportional cost of $10mm per month. They are rumored to have say 1mm subscribers who pay perhaps $120 per year. So $100mm revenue plus another 50mm ad revenue? So maybe they make money.


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