“You have things that are sprouts that are beginning to yield and employ people and beginning to do interesting things and become influential. But compared to what the business once was, it's nothing. We've now built a business on the basis of being almost completely staffed by young people who are paid nothing. That is the business now. So, relatively speaking, it's pretty damn bleak. The news business has lost, like, 50 percent in four or five years.”
— Michael Wolff, Digiday.com
Tagged: Digital media, Publishing
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