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Well, there are dozens of ways this can be worked out.
First of all, I don't know many sites that update DAILY with EXCLUSIVE content. The ones that do, have WAY more than just 500 recurring members.
Most sites will have a mix of exclusive and semi-exclusive content that they use to update daily (then again, how many paysites actually do update daily?).
You also have to factor in upsale revenue.
Therefore, techincally, you're content costs should go way down in your calculation and revenue should go up as well...
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