We conservatively estimate the cost of this coverage at $750,000; it could be more. This covers the reporters, news applications and web developers, editors, video production, social media and PR, travel, legal review, half of the public opinion poll etc. It does NOT include any costs of the work at This American Life.
I would rather have 33 of ProPublica’s stories than even one minute of Matt Lauer on the air annually. There is plenty of money for journalism. We just spend it on other things right now, is all.