- Forum Clout
- 8,565
"Talent"Let's also assume $1,500/mo in studio sub-letting to others, however that space likely costs upwards of 10K/mo. or more. Isn't it just one show that uses the space? Figure $8,500/mo net on the space. $102,000 / yr.
10K subs is $1,074,000/yr. assuming that every subscriber pays full price month to month. I'd imagine it's under 10K and the balance of $ to get over a mil is made with whatever minimal ad revenue comes in. If you had at least 10K, you'd be making a milestone of it.
Are there any real full time employees there? Let's say he's got 2 full time employees at $60K and benefits, that's costing him more like $75K each in total and $150K for the year. The remaining are hourly say another $50K/yr. Total $200K.
As far as shows go, according to the site there are 17 non-TACS shows per week. I assume these shows are paid per show. At $200 per show we're spending $13,600/mo on content, or $163,200 annually.
5% Merchant fee on CM credit card charges. $53,700.
I am not factoring in monthly equipment needs, office supplies, electric, heating or related hosting and web services fees.
102000 - Studio Lease
200000 - Employees
163000 - Talent
53700 - CC Fees
____________
$518,700 - Extremely conservative cost estimate.
$1,092000 - $518,700 = $573,300 and lets just shave off $73,300 to account for things I didn't before. $500,000 is plausible pre tax income, however NOT everyone is paying full price, month to month, rent likely higher, etc. Is Anthony living like a guy who makes under 500K now vs. $3mil back then? You bet! If that happened to me, I'd have to sell my multi-million dollar mansion and buy something more appropriate for my current financial state, that state being South Carolina.
That fat fuck Erock is probably getting paid more than he is worth.
All the $ Keith stole from Anthony would come in good right now