It is correct, and as I said many territories more than earn that back and many more nearly break even. That fee is the source of funding for the developers. They don’t take any cut of the activity on the site.

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I suppose this does not take into account the the forum ('territory') owner takes a % from the posts or something, like you said most break even.
But there are like 20+ subforums (I can't count them on my phone so it's a bit of a guess) on stackernews. That's 20 x $650~ = $13000 per annum. Can this be right??