T.J. Simers Wins $7.1 Million In Los Angeles Times Lawsuit

T.J. Simers Wins $7.1 Million In Los Angeles Times Lawsuit
T.J. Simers won $7.1 million in Los Angeles Times lawsuit. He did so because the LA Times treated him abusively after he suffered a mild stroke. The LAl Times counters that he was fired because of what they claim was a side business deal with a friend who was a videographer. But the real lesson here is in how media has changed. Simers made $239,000 annually and for writing three times a week. By contrast a blogger at Rivals website will get just $50 per month. Per month. The difference is that in the 20th Century a brand of media like the LA Times cleared millions from paper subscriptions. But that has given way to the Internet and mobile, where the content is not seen by enough eyeballs to justify let alone pay that kind of salary. The economics of media have been altered by digital communications. So T.J. Simers may be the last journalist to see that kind of money. Stay tuned.
via YouTube http://youtu.be/Y3C-2sfBI1o