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A comment on Confessions of a Fake News Writer. Parent comment

Re:Confessions of a Fake News Writer by slavik81 on Saturday September 29, 2018 @07:19AM (#18099800)
I was curious about the details, so I looked up The Economist's 2018 annual report. They get 17% of revenue from advertisements, while 60% of revenue comes from subscriptions. Their operating profit is 13% of revenue.
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Re:Confessions of a Fake News Writer by rahimnathwani on Saturday September 29, 2018 @12:30PM (#18101223)
Right, but of course without ads they would save some cost as they wouldn't need people to sell ads, they could get rid of a bunch of ads-related overhead costs etc.

If the operating margin on the ads part of the business is less than ~25%, then they could break even without ads. Of course, breaking even is worse than making 35MM profit each year.

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