Survey: Median salary of business journalists is $56,220

BusinessJournalism.org
The Donald W. Reynolds National Center for Business Journalism surveyed 773 randomly selected business journalists and found this breakdown for median salaries by place of employment in 2010-11:
* Print: $50,100
* Freelancing: $54,091
* Broadcast: $55,588
* Online: $57,308
* Wire services: $78,438

For editors and supervisors overall, the median was $57,308, and for reporters, it was $55,714. (The median salary in 2010, according to one survey, was between $65,000 and $70,000.)

In other survey findings, when business journalists were asked where they got their news about the media industry, they named, in order:

1. The New York Times
2. Poynter.org’s Romenesko
3. The Wall Street Journal
4. MediaBistro
5. Twitter

Since last year, the proportion of business journalists getting their industry news from Twitter and Facebook more than doubled.

The Reynolds Center reports 14 percent of the business journalists surveyed in mid-July said their newsroom was currently hiring full-time journalists, and one in five said their newsroom had shrunk in the past six months.

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    very interesting post! thanks a lot for sharing!

  • http://www.facebook.com/profile.php?id=730016908 Linda Austin

    Hi, Dan. The question asked of business journalists in the Reynolds Center survey was open-ended: “In general, where do you get your news on what is happening
    in the media industry?”

    While I understand your point, Twitter and Facebook were sources that respondents named, just as they named traditional news outlets and “online.”

  • tamika cody

    What about PRNewswire, Businesswire, Marketwire, FTC and the SEC. There are tons of stories on these sites just waiting to be covered.

  • tamika cody

    What about PRNewswire, Businesswire, Marketwire, FTC and the SEC. There are tons of stories on these sites just waiting to be covered.

  • http://www.facebook.com/profile.php?id=504633504 Dan Mitchell

    What does “getting their industry news from Twitter and Facebook” mean, and why are those services being presented is if they were the equivalent of news organizations? This is like listing where people got their news in 1980 this way: “1. The New York Times 2. The Wall Street Journal 3. BusinessWeek 4. A newsstand 5. Home delivery.”

    If people get their news from links to the New York Times on Twitter or Facebook, they’re still getting it from The New York Times.