> there's no way the cost of distributing an article is anywhere near the same as the cost of making it IIRC actual "investigative journalism" is less than 2%

> there's no way the cost of distributing an article is anywhere near the same as the cost of making it IIRC actual "investigative journalism" is less than 2% of the NYT's budget. Even though the cut is very high, most media companies may be coming out ahead based on where they're currently spending their budget.