http://paidcontent.org/2012/07/13/virtual-life-on-the-line-the-daily-launches-wknd/ The economics of digital content Fri, 24 May 2013 13:48:54 +0000 hourly 1 http://wordpress.com/ http://paidcontent.org/2012/07/13/virtual-life-on-the-line-the-daily-launches-wknd/#comment-111227 Mon, 16 Jul 2012 13:01:36 +0000 http://paidcontent.org/?p=213869#comment-111227 Can someone explain to me — I’m a former magazine editor who saw my budgets but had no direct responsibility on how they were formulated — how in God’s name, can The Daily, given their product and presentation, spend $26-$30 million a year? Are things so out of whack at big publishers with the current publishing realities, that the suits can’t a handle on their costs?

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