Cramer forgoes TheStreet.com salary for royalty payments

Talking Biz News

James Cramer has just signed a new three-year no-salary contract with TheStreet.com that pays him royalties based on the revenue derived from TheStreet.com’s Action Alerts PLUS subscription service that he authors. HIs 2010 salary, under the old contract, was $1.87 million, reports Chris Roush.

  • Jim Romenesko

    From 1999 to 2011, Jim Romenesko maintained the Romenesko page for the Poynter Institute, a Florida-based non-profit school for journalists. Poynter hired him in August of 1999, after seeing his MediaGossip.com, a hobby site he started in May of 1999.

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