Live data from Hacker News

L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

variety.com

201–210 of 568 posts

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#201

We did have a similar Artie and discussion yesterday about how people making videos for/on Google see the viewing skyrocketing and ad-revenue collapsing. Nobody is selling this nobody advertised, plus the (thank you - I haven't thought of this) when crises hit, the ad budget is the first one to get slashed.

and this is what happens when you respond in the early AMs.. you write Artie instead of Article and don't even notice it...

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#202
post #25

Earlier quoted context omitted.

And also not a lot of companies want to be associated with Covid-19 content.

Why don't they run non-covid content.. The amount they milk it is nauseating.

What a ridiculous comment. God forbid LA Times reports on the state of the country; the pandemic is affecting everyone significantly everyday, it would be laughable if their pages weren't filled with COVID news.

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#203
post #26

I’m definitely in the camp that “the cure cannot be worse than the disease” itself. Sitting in California where there are so few cases makes me wonder if the economic toll is totally worth it. Seems like we’ve used a tsunami to put out a campfire.

It's been very hard for me to understand this line of thinking. As I see it, there are so few cases in California because of the measures that have been taken. Do you think California would not have many more cases if the measures were relaxed? Or do you think that the cases would not be all that bad? Or do you think that they would only affect people that you aren't personally concerned about? I'm asking honestly fo…

I’ve participated in Homeland Security pandemic exercises. One in particular had a R0 of about 2, and a death rate of 1.3%, with a hospitalization rate of 10%, and and acute care rate of 3%. All numbers lower than CoVID-19.

What happened in the exercise was that all hospitals got over run, very quickly, it took months for the infection rates to flatten.

Nobody could get into a hospital and get any proper care, entire families started dying, the death rate jumped up to almost 12%. Remember the calculated death rate is based on proper care. Police, Fire, EMS, got hit hard and they all walked off the job.

Nursing homes, assisted living facilities had death rates of almost 75%, (we’re starting to see 50% now).

Hospital workers started walking off the job. The economy didn’t slow down the economy flew into the ground at 500mph and exploded in billions of tiny pieces. The country went into immediate shortages of everything, which didn’t really matter because basically everyone stopped going to work.

When you might get sick and you know you can’t get care and without care you have a 12 in 100 chance of dying you can’t get people to leave their house, for any reason. People start dying home alone.

The death rate gets even higher because of food shortages, prescription drug shortages, and underlying health conditions fuel the fire. Power disruptions, water, sewage issue because no one is working. Crime becomes a problem, because a) the police aren’t working and b) people get desperate.

Once things start to unravel you can’t simply re-ravel things.

In a normal flu season about 40 Million people get infected, with 30-67K dead a year spread out over 6 months.

If we respond to COVID-19 like we do with the flu, we could see 150-200 million infected because it spreads more easily, those numbers would overwhelm the country, maybe have 20-35 Million dead, the economy might stop for a year or two, or three or four.

We don’t know if infection confers immunity, what happens if it doesn’t? What if getting it makes you more susceptible to a second and worse infection? What if we can’t develop a vaccine?

You’ll be gambling with a lot of lives.

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#204
post #202

Earlier quoted context omitted.

Why don't they run non-covid content.. The amount they milk it is nauseating.

What a ridiculous comment. God forbid LA Times reports on the state of the country; the pandemic is affecting everyone significantly everyday, it would be laughable if their pages weren't filled with COVID news.

It's mostly just every news outlet rehashing the same top stories of the week slightly differently. I get local news items running things about their area, and pieces about the state of things periodically.

As it is now it's just overwhelming to look at any news.

It doesn't help their case that they massively publicise things like panic buying, knowingly causing the issue to spread.

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#205

Earlier quoted context omitted.

Why don't they run non-covid content.. The amount they milk it is nauseating.

"Milk it?" This is the biggest worldwide pandemic in over a century. It's going to fundamentally reshape society for many years to come. You can't bury your head in the sand about this. Frankly, in comparison to this, almost nothing else is even worth mentioning. And anyway, it's not like there's sports to cover. Almost nothing else is going on besides the pandemic because everything was shuttered to fight the pandem…

I get it's big, I'm not saying don't run covid stuff. Just maybe use it for less than 99% of their content, if the issue is they can't monetise it?

At a certain point it becomes information overload/noise and people just tune out, myself included.

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#206
post #19

Earlier quoted context omitted.

If the CEO has a bunch of shares and their value crashes, do the employees need to pay up to offset the CEO's loss? After all, they are a part of the collective.

I'm not saying CEO's and management shouldn't have their traditional responsibilities. What's wrong with a windfall to make sure employees are protected. If a layoff is needed, clearly the CEO's leadership had issues - so something needs to done proportionally as severance. A large change in the lives of employees needs a large annuity fund for the laid off workers. The company can file a loan and pay it out over the…

> Why not consider factoring in ... human beings into the equation?

You'd get much further in your arguments if you didn't often insinuate that others are vicious for not agreeing with you. You'd be hard pressed to find the leader who doesn't care or pretend to care about the human beings in the equation. If you choose not to believe them, OK, but it's extremely easy to dismiss someone who says "don't be evil" when you don't believe yourself to be evil.

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#208
post #58
post #20

Things are much worse at Gannett, parent company of usatoday. Personally, being laid off on March 31! Almost every employee is effected at this time, either furloughed for few hours a week, pay cut or let go !!

I'm surprised. I'd think online news would be one of the industries benefitting from this crisis. Is the revenue tied to lack of conversions on online ads?

I guess the "adworth" of a single consumer is sort off fixed and when the consumer browses the internet twice the amount of time the revenue per impression falls. Also I guess the "adworth per capita" has gone down alot when people are reluctant consume extravagenza.

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#209
post #26

I’m definitely in the camp that “the cure cannot be worse than the disease” itself. Sitting in California where there are so few cases makes me wonder if the economic toll is totally worth it. Seems like we’ve used a tsunami to put out a campfire.

It's been very hard for me to understand this line of thinking. As I see it, there are so few cases in California because of the measures that have been taken. Do you think California would not have many more cases if the measures were relaxed? Or do you think that the cases would not be all that bad? Or do you think that they would only affect people that you aren't personally concerned about? I'm asking honestly fo…

> As I see it, there are so few cases in California because of the measures that have been taken

How do you know though? The flat curver movement has set themselves up so there's no accountability, no reliance on data, no proof that it's working or not working. Just repeating what other people have said and patting themselves on the back that it's working.

Sweden has less per capita infections than many other countries and they have no full quarantine just basic social distancing and hand washing.

Re: L.A. Times to Furlough Workers as Ad Revenue ‘Nearly Eliminated’

#210

Earlier quoted context omitted.

It’s preventing one to three million Americans from dying this year. How much is that worth to you.

It was probably the right thing because it was conceivable to end up with 30 million pneumonia victims and no way to treat them all. But we shouldn't forget we had to waste 0.1% of all 328 million lives (one month/78.54 years under house arrest) and counting.

I’m not under house arrest. I’m working from home with my family around me. I’m actually enjoying it for the most part. We’ve picked up baking, started going on walks together as a family. It’s not anything like dying for a month or whatever weird equivalence you’re trying to draw.
Post reply on HN