Re: DRF RIP? (877 Views)
Posted by:
BB (IP Logged)
Date: July 24, 2019 01:44PM
TGJB Wrote:
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> From what I understand print is still the majority
> of their sales.
The last year that DRF had its print circulation publicly reported (12 months ended March 2007), it was selling averages of 66,000 on Saturdays, 44,000 Sundays, and 25,000 during the week.
So, even if print is down by 60%, that's still 94,000 copies per week, X 52 weeks, X $10 average rate, for a total of nearly 50 million in annual gross revenue. Even if the margin is only 6% (there are many expenses and other entities taking a cut), that's still a yearly profit of $3 million.