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Six months in, journalist-owned tech publication 404 Media is profitable (www.niemanlab.org)

submitted 8 months ago by [email protected] to c/[email protected]

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of note:

The 404 team DIYs as much as possible. They pay for hosting through Ghost and set up litigation insurance, for example, but everyone makes their own art for stories instead of paying for agency photos. (The reporters are also the merch models). Everyone works from home, so they don’t have an office and don’t plan on getting one anytime soon. The team communicates through a free Slack channel. Koebler mails out merchandise from his garage in Los Angeles. Every month, the team meets (virtually) to decide how much they can pay themselves. (The number changes each month, but everyone gets paid the same amount.)

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[–] [email protected] 64 points 8 months ago (1 children)

To me it sounds like a journalism co-op, how is this not a good model? Everyone contributes to getting it going, and then everyone gets an even slice of the pie. They keep their overhead minimal to keep costs down, and everyone has incentive to put out their best work. Sounds solid to me.

[–] [email protected] 14 points 8 months ago (2 children)

Well, the line between a minimal overhead, self employed lifestyle and an abusive workplace are fuzzy in those kinds of arrangements

[–] [email protected] 11 points 8 months ago

How does it compare to a regular journalist workplace? I’m not a journalist.