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Printing The NYT Costs Twice As Much As Sending Every Subscriber A Free Kindle

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Pretty neat point; I’ll miss you, printed media!

Printing The NYT Costs Twice As Much As Sending Every Subscriber A Free Kindle: ”

Printing The NYT Costs Twice As Much As Sending Every Subscriber A Free Kindle
Nicholas Carlson | January 30, 2009 4:35 PM
Not that it’s anything we think the New York Times Company should do, but we thought it was worth pointing out that it costs the Times about twice as much money to print and deliver the newspaper over a year as it would cost to send each of its subscribers a brand new Amazon Kindle instead.

Here’s how we did the math:

According to the Times’s Q308 10-Q, the company spends $63 million per quarter on raw materials and $148 million on wages and benefits. We’ve heard the wages and benefits for just the newsroom are about $200 million per year.

After multiplying the quarterly costs by four and subtracting that $200 million out, a rough estimate for the Times’s delivery costs would be $644 million per year.”

(Via .)

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Written by jingoistic0

January 31, 2009 at 2:57 pm

Posted in Uncategorized

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