RickStain
Well-Known Member
- Joined
- Jan 27, 2009
- Messages
- 25,530
Mark2010 said:2underpar said:i have a question:
what if, in say three years, people decide newspapers are relevant again and the ad dollars start flowing (doubtful, but for the sake of argument, lets say they do). How do you bring all of these newspapers back to life?
Buy up the physical assets (printing press, etc.) and start hiring. There are always going to be entry-level people willing to work for $25k or so. How much did we make at our first post-collegiate job? (Mine was under 20k, but that was in the 80s and stuff didn't cost near as much... had a NICE apartment for $250 per month and gas was 85 cents per gallon.)
What I wonder is if this business will eventually take on that model: a couple of old guys at the top and a BUNCH of young pups doing the work. The burn out after 3-4 years, decide they want to make real money and leave. So you replace them with another batch of rookies.
Eventually? That's the model *now*
Rick
(three years out of college, $22.5k/year)