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THE NEW MEDIA ECONOMY

By Kara Bloomgarden-Smoke 5/03 4:05pm

THE NEW MEDIA ECONOMY

Allie Compton (Photo via Facebook).

Someone Gainfully Employed in Media Was Denied an Apartment Because Media is ‘Shaky’

Everyone knows that media is not the most stable industry and that it’s hard to find an affordable apartment in New York. But surely somebody who is gainfully employed at a media organization with a recognizable name would not be denied an apartment just because the whole industry is shaky, right?

Wrong.

“Last week, I was denied an apartment because I have a full-time job in the media industry,” AOL.com frontpage editor Allie Compton wrote on HuffPost earlier this week. Read More

By Foster Kamer 4/12/12 3:20pm

THE NEW MEDIA ECONOMY

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Cafe au Payday: Buzzfeed Editor Spends $1100 a Year on Lattes

Buzzfeed: It’s all the buzz! They have the L. Ron Hubbard of meme-making, Jonah Peretti, at the helm. With him are high-profile poaches from Politico, the Village Voice, Business Insider, Gawker Media and more! And with them are $15.5M shekels from a recent cash infusion to turn every scrap of knowledge and abstraction and news available to the human race into some kind of .GIF image to construct the final link between the complexities of transliterated grunts into hieroglyphs.

So, what are Buzzfeed’s newly minted hundred-thousandaires doing with all that cash? Making it rain…lattes. Read More