Comments on: Gawker math http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Mitch Nauffts http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/comment-page-1/#comment-4958 Tue, 04 Aug 2009 14:19:25 +0000 http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/#comment-4958 @Ryan, couldn’t agree more.

]]>
By: Ryan Holiday http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/comment-page-1/#comment-4950 Tue, 04 Aug 2009 04:33:50 +0000 http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/#comment-4950 @Mitch, it seems to me that the new model passes the exploitation from the reader on to the writer. It’s familiar logic, it’s what manufacturers use to justify sweatshop labor and outsourcing. The irony? Gawker gets to criticize the labor practices of other companies. It would take me two seconds to find a handful of snarky Valleywag stories about Google trimming benefits or laying off employees.

I’m not saying this isn’t the way things should be. I’m just saying it’s time to cut the shit and the puff pieces. There is something wrong about pretending your full-time employees are contractors or the Huffington Post hosting parties and roundtables when they can’t cut their writers a check.

]]>
By: Hadley http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/comment-page-1/#comment-4949 Tue, 04 Aug 2009 03:21:23 +0000 http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/#comment-4949 @Uncle Billy vs. Mont Pelerin : Gawker’s knees are most definitely not scrawny. They’re actually quite bulbous and strapping.

]]>
By: Andrew Hazlett http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/comment-page-1/#comment-4947 Tue, 04 Aug 2009 01:54:59 +0000 http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/#comment-4947 Ryan is right to draw attention to Hamilton Nolan’s “compensation.” $4000/mo. gross as an independent contractor? $48,000 sounds like a decent living at first blush, but… independent contractors are subjected to some onerous tax rates and paperwork. Health insurance, even for just a catastrophic policy, will eat up a lot of money each month. New York regional rents, even during a Great Recession, will eat up a third of the gross salary by itself. Forget setting aside anything for savings or, heaven forbid, a retirement investment. Considering having a kid? Better move to an entirely different universe.

I’m not up on the details of Gawker media’s policies, but don’t they vary compensation by traffic? I bet there are months Nolan makes a lot less than four grand and is late with the rent.

All the while he has to crank out an average of 8.66 suitably snarky and amusing blog posts every single day? I’m sure its harder than it looks. Good luck moonlighting or working on that book project! [Not that that would provide any real income.]

Bottom line: if this kind of arrangement is the comparatively sustainable media business model of the future, then people need to stop making fun of Chris Anderson for suggesting that journalism will become a “hobby.” It may turn out to be just that–and a very expensive avocation at that, something more like horseback riding or civil aviation.

]]>
By: CW Anderson http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/comment-page-1/#comment-4946 Tue, 04 Aug 2009 01:52:37 +0000 http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/#comment-4946 Dan said: “the source of newspapers’ demise is not Google and its ilk but all their fixed, legacy costs, such as printing presses, unionized labor, and all the ancillary costs associated with those items. Google et al merely forced a rationalization of costs, the newspapers have thus far failed to rationalize those costs, and competition such as Gawker Media have swarmed in and started to make money.”

No Dan, “newspapers’ high costs” actually stem from the fact that uncovering new information, and the regular monitoring of large corporate and government bureaucracies, costs a lot of money … a lot more than adding snark to reporting. Maybe it costs more than it should (read: entrenched fixed costs) and maybe we’ve made really interesting online enable advances in some forms of reporting (crowdsourcing) but the bottom line is, some work activities are simply more expensive than others.

]]>
By: John Morrow http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/comment-page-1/#comment-4944 Tue, 04 Aug 2009 01:40:00 +0000 http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/#comment-4944 Take a side on the Goldman debate already!!! Or, explain why you haven’t.

]]>
By: Mitch Nauffts http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/comment-page-1/#comment-4943 Tue, 04 Aug 2009 01:34:20 +0000 http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/#comment-4943 @Ryan Holiday

> It seems weird that no one is picking up on the fact that a staff writer for Gawker gets stuck as independent contractor. He might be making $4,000 a month but he’s stuck paying all the taxes, and on his own for health insurance and the like.

That’s what’s called the rationalization of costs (see the post by @Dave above yours). Gawker/Denton and his investors make $$ and Nolan gets to share a walkup flat in Greenpoint with two college buddies. Meet the new boss, same as the old boss.

]]>
By: Ryan Holiday http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/comment-page-1/#comment-4939 Tue, 04 Aug 2009 00:18:50 +0000 http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/#comment-4939 It seems weird that no one is picking up on the fact that a staff writer for Gawker gets stuck as independent contractor. He might be making $4,000 a month but he’s stuck paying all the taxes, and on his own for health insurance and the like.

]]>
By: Uncle Billy vs. Mont Pelerin http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/comment-page-1/#comment-4938 Tue, 04 Aug 2009 00:06:51 +0000 http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/#comment-4938 All this attention seems to have brought Gawker’s servers to their scrawny knees.

]]>
By: Zach Seward http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/comment-page-1/#comment-4935 Mon, 03 Aug 2009 21:41:50 +0000 http://blogs.reuters.com/felix-salmon/2009/08/03/gawker-math/#comment-4935 Thanks for checking my math! I always hold my breath after making estimations like that, figuring someone will come along and explain why I’m way off. Maybe that’s why I didn’t show my work. Anyway, a great margin indeed.

]]>