THE WORLD’S BEST-PAID JOURNALISTS ARE IN MADRID

Files under General | Dec 27th

El Pais is on strike.

But the paper was able to print 594,000 copies of an abbreviated edition that was for sale in 30,000 news outlets.

The newsroom is not working as a protest against the externalization of the advertising sales force.

The leading Spanish newspaper explained the reasons for the strike here.

According to this information, the average salary at El Pais, excluding directors,  is 79,472 euros per year.

The journalists make an average of 94,592 euros.

The advertising and administrative staff makes an average of 70,159 euros.

The production staff makes an average of 69,775 euros.

And 95% of the staff is under full-time and permanent contracts.

The average salary of more than $132,000 makes this newsroom the most expensive in the world.

With salaries like this, change will not be easy.

And El Pais is changing — and wants (and needs) to change more.

So the management is taking actions that make sense in the commercial area.

With salaries like this, the next ones to confront the reality will be the journalists, and it will be soon.

This strike is just preventative.

Shares of PRISA, the media holding company that publishes El Pais, are now lower than ever.

The group is trying to sell its Digital Plus operations and they will have to open the capital to new investors very soon.

El Pais is going to change a lot.

And the journalists know that they will not be able to enjoy the best salaries in the world anymore.

The crisis is for everybody.

Including El Pais.

(In the pictures, El Pais headquarters, and Juan Luis Cebrian, founding editor of El Pais, now president of PRISA)



5 Responses to “THE WORLD’S BEST-PAID JOURNALISTS ARE IN MADRID”

  1. [...] The World’S Best-paid Journalists are in Madrid | INNOVATIONS IN NEWSPAPERS – El Pais: "The average salary of more than $132,000 makes this newsroom the most expensive in the world." [...]

  2. [...] Juan Antonio Giner argues that the world’s best-paid journalists are working for the Madrid-based newspaper El Pais. They are on strike as a protest against the outsourcing of advertising sales. According to the paper’s publishers, the Prisa group, El Pais journalists make an average of €94,592 (£83,000) a year. (Via Newspaper Innovations) [...]

  3. [...] Juan Antonio Giner argues that the world’s best-paid journalists are working for the Madrid-based newspaper El Pais. They are on strike as a protest against the outsourcing of advertising sales. According to the paper’s publishers, the Prisa group, El Pais journalists make an average of €94,592 (£83,000) a year. (Via Newspaper Innovations) [...]

  4. [...] poco leí que en Madrid se encontraban las redacciones periodísticas más caras del mundo (ver artículo). El sueldo promedio de los periodistas del diario El País, excluyendo la dirección, estaba en [...]

  5. [...] poco leí que en Madrid se encontraban las redacciones periodísticas más caras del mundo (ver artículo). El sueldo promedio de los periodistas del diario El País, excluyendo la dirección, estaba en [...]

Leave a Reply