The President of the Internet gets paid like one … makes $1.5 Million Per Year from Podcasting [Video]Posted: October 3, 2009
Podcast pioneer Leo Laporte gave a talk at the Online News Association Conference in San Francisco on Friday, giving insights into the future of media coupled with anecdotes from his work in television and radio. The keynote, entitled “Lunch with Leo”, runs 40 minutes, but it’s well worth the time if you’re involved in online media and broadcasting.
The most interesting tidbit: Laporte’s TWiT (This Week in Tech) network, run from the basement of his house in Petaluma, does $1.5 million in revenue per year, doubling yearly. His costs, however, are more impressive: it only takes $350,000 per year to run the business with 7 employees.
The video of Laporte’s speech is embedded below.
[via Jeff Jarvis]
I think the cost of running the business just went up a few bucks. Leo is making a killing!!