New Media Competes with Old — with a Tiny Fraction of the Head Count

January 15th, 2008

When YouTube was purchased by Google in 2006 for more than $1 billion and was broadcasting more than 100 million video clips a day, it did it all with 60 people on the payroll.  A TV network like CBS employs some 23,000.  Craigslist, the online classified ad site winning market share from local newspapers, employed fewer than two dozen people at the end of 2006.  Marketplace from American Public Radio  (Jan. 14, 2008)

Tags: , , , , ,

Leave a Reply