RSS

Web Revenue exceeds Newsroom Expenses at LA Times

20 Dec

I love the LA Times Digital Edition and its mobile apps are fantastic, but I was stunned to learn how far the paper has come.

David Westphal reports an important and historic crossing of the Rubicon for a major newspaper, recounting a discussion with LA Times editor Russ Stanton at USC: “Stanton said the Times’ Web site revenue now exceeds its editorial payroll costs.”

I’ve long been asked by newspaper people – as a challenge – when the web will cover the costs of the newsroom as it exists. I’ve said it won’t, that the scale of the business is just different.

But if what Westphal reports is true – and I confirmed via email that I was reading him correctly (and it does make sense since both edit costs and web revenue run at about 10-15% of newspaper budgets) – then it means the Times could support its newsroom as it stands – after cutbacks aplenty – from the web. That’s momentous.

Read Entire post Here.

About these ads
 
1 Comment

Posted by on December 20, 2008 in Uncategorized

 

Tags: , , , , , ,

One response to “Web Revenue exceeds Newsroom Expenses at LA Times

  1. Russ Salo

    December 21, 2008 at 7:27 am

    This is similar to what I read in the RTNDA website this summer – in the question of a TV News station in the USA – in the case of the news gathered by their people & sent back to the the station -is the web site driving the TV Broadcast or is the broadcast driving the web content?

     

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
Follow

Get every new post delivered to your Inbox.

%d bloggers like this: