… Led by Evan Smith, the former editor of the highly respected Texas Monthly, The Tribune is a nonprofit attempt to use a mix of donations, sponsorships, premium content and revenue from conferences to come up with a sustainable model for journalism that neither depends on nor requires a print product.Smith is getting a salary of $315K. Seems to me they could pay him about $65K and hire five more journalists. Fact is that Smith runs me nuts – a slightly prissy-seeming yankee and, worse yet, a vegetarian. Read all here.
On CNNMoney.com recently there was a list of stressful jobs that are ill paid. High-school teachers claim stress at a 65% rate, while 62% of reporters report stress, but – get this – median pay for teachers is $43,000 while the median pay for reporters is $32,900. Read all that one here. I had a friend who quit reporting to teach. She immediately increased her income by about 50% and bragged that she could afford to order tea when she went out to lunch. I'm appalled that J schools continue to produce graduates with no prospect of decent employment. Of course, J-school profs enjoy decent employment.
Figures released last Monday by the Audit Bureau of Circulations show that average daily circulation dropped 10.6 percent in the April-September period from the same six-month span in 2008. That was greater than the 7.1 percent decline in the October 2008-March 2009 period and the 4.6 percent drop in the April-September period of 2008. Get all that here on Yahoo.