Reflections of a Newsosaur Although
James O'Shea (left) is working for free for a year, the rest of the staff will get full-boat wages. "Assuming a staff of 10 full timers costing an average of $135,000 apiece per year (counting benefits, equipment, office space and other overhead), a quick calculation suggests that $500,000" -- the amount Chicago News Cooperative got from the MacArthur Foundation -- "would cover operations for barely a third of a year," writes
Alan Mutter.