Ok, I just went and had a look at the Times website you minimum subscription is around $80USD a year but you can up to around 500USD a year. Lets round 800,000 at 100US a year is 80MM right?
Thats a shit tone of journalists employed if you ask me.
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If you actually read the article, it says that the NY Times' operating costs were $1.48 Billion last year. $80 Million would cover a very minor portion of that.