4 ms·

Is 100M$ a year profit, not revenue but profit, a low amount for a newspaper to make? that seems to me like a fair amount to be at the top. If other newspapers

Is 100M$ a year profit, not revenue but profit, a low amount for a newspaper to make? that seems to me like a fair amount to be at the top. If other newspapers make a tenth of the profit, that should still be an acceptable market? no? Edit: with 3700 employes (per Wikipedia) that's put their profit to be about 27000$ per employee. That's 4 times as much as walmart. From what I can tell it's also more then IBM and probably higher then most non-tech, non-oil businesses

csomar 8y ago
The tech bubble really skewed the perception field of many people.
- JumpCrisscross 8y ago
  > tech bubble I think OP misread the quarterly figure as an annual one. “Tech bubble” usually applies to companies with much less than $100 million of profits.
  - namdnay 8y ago
    I think the idea of comparing to the tech bubble is that it has skewed our perceptions of how much a company should make per employee, and how fast it should grow. Indeed many bubble companies are making little or no profits, but they don't have 3700 employees to pay every month + printing presses, buildings etc. The ROI is very different
    - JumpCrisscross 8y ago
      > The ROI is very different If you’re making “little or no profits” you have no ROI.
      - namdnay 8y ago
        The idea being that you plan to make massive profits down the line. No VC is expecting their startups to cruise comfortably at 3700 employees and 80M yearly profit