Even back when every household received a morning paper I cannot fathom how a single article could command such a high pay.
> For twenty-five years, I was contracted to produce three articles a year, long ones, typically ten thousand words. For this, my peak salary was $498,141. That’s not a misprint—$498,141, or more than $166,000 per story. Then, as now, $166,000 was a good advance for an entire book. Yes, I realized it was obscene. I took it with a grin.
https://yalereview.org/article/burrough-vanity-fair-graydon-...
He wrote for the New Yorker, which is a magazine rather than a newspaper. The number of long-form literary nonfiction pieces that the New Yorker runs every year is drastically fewer than the number of news articles produced to fill a daily newspaper in just a couple weeks.
Things were different back in the day.