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I'm Drew Breunig and I obsess about technology, media, language, and culture. I live in New York, studied anthropology, and work at PlaceIQ.

News Corp. has spent $30 million on development (which has been “written off”) of The Daily and current costs are less than $500,000 per week, according to chairman and CEO Rupert Murdoch.

FolioMag.com

Imagine the iPad newsroom you could build with $500,000 a month. Hell, I’d consider $500,000 a year.

Source: foliomag.com

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  1. dbreunig posted this