One of the indicators of finance and economic health of media firm is “Employee Turnover” which may not be applicable today. Today, people who can write sentences and use a digital camera could be reporters. Some media operators tend to hire young people because they are cheaper and more obedient. The characteristics of an accomplished reporter may be different today. A senior journalist might not be as important to a media firm because readers don’t care or unable to discriminate between good and bad news. Besides, due to the emphasis of the visual effect in new media, many audiences choose a media only by the visual cues, such as a beautiful face. Therefore, young people could be more successful than senior employees. That is why this indicator could be inaccurate for a lot of media operators today.
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