I got the math wrong on that...if Levin gets POINT 1% of his listenership to subscribe [8K subs / 8 MM audience] he can make the numbers I cited. At >>1%<<, 80K subscribers @ $6/month, you’re talking about a half-million/month cashflow which is huge. He could pay himself $100K a month, easily.
I of course do not know this and have no way of knowing. And dont that much care.
I worked selling high end teleproduction equipment in Hollywood in the 80s and obliquely participated in the construction of numerous TV studios, edit suites and control rooms and outside bdcst trucks. Back then, a studio camera was a $60K affair with a $20K lens sitting on top of a $20K pedestal with a $150K/year camera dude running the thing....3 or 4 of them...running into a control room with tons of equipment, a director, a technical director, an audio guy..etc; etc; etc; With $250K of lights and gaffers and a lighting director.
Today, the cameras needed to produce LevinTV and the robotic heads they sit on and the 1/100th of the lighting needed to let modern cameras make picture are easily obtainable well under $100K. One guy running the switcher, an audio guy, maybe a director. That studio probably cost well under $500K to put together. Id suspect he was able to put his set together 100% ready for show #1 for under $1 MM, all in, including construction salaries and facilities rent and server capacity for a year. (of course he does not have to pay a years salary for anyone all up front) He can write a check for that much and he might have leased all the gear. And he just signed a new 9 year contract, right? The startup costs could be in the neighborhood of $1 - $1.5 MM.
So if he gets 8,000 people, a mere 1% of his 8 MM listeners to subscribe to LevinTV @ $6 a month thats $50K a month * 12 = $600K/year so he could pay himself a $200K salary and still be making 9% a year on his infrastructure investment which is not bad.
Thanks for all the info, and it gives me a good sense of what was involved financially. My line of thought has been maybe some unknown funding for his ventures could explain Mark's behavior re Cruz, Trump and lots of other things.
thanks again!