Bloggers Will Work for Nothing

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Will the death of journalism mean the end of democracy?  The newest issue of Mother Jones provides us with a rundown of depressing statistics about the state of media:

– 43% of Americans say it would hurt civil life “a lot” if their local newspapers closed.  Yet when asked if they’d miss their paper, 42% say “not much” or “not at all.”

– By one estimate, an entirely Web-based New York Times could generate only enough money to support about 20% of the paper’s current staff.

– The editor of the New York Times Magazine says a typical cover story costs more than $40,000 to produce–and that excludes editing, art, and fact-checking.That’s more than Mother Jones’ story budget for freelance writers for an entire issue.

– The top 10% of bloggers earn an average of $19,000 a year.  For all bloggers, the median is $200 for men, $100 for women.

Source:Mother Jones(article not yet available online)

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