I've been curious for a long time why Ziff Davis devotes so much attention to spamming HN. And then today it clicked after I saw this story at the top or /r/technology submitted a couple hours after it was popular on HN.
HN provides a vector for popular spam submissions here to be legitimately submitted on Reddit, without all the hassle of spam detection and moderators getting in the way.
Whatever it is, I imagine it was well worth it for the primary sponsor, Red Bull. A lot of the tech was developed just for this jump, so it would be difficult to get a final price tag without including R&D costs (which are already tricky).
Yup, definitely worth it! Imagine almost 5 million people essentially watching an almost 3 hour long (very interesting and groundbreaking!) Red Bull commercial around the world.
I think if we did the math at base advertising/marketing rates - this project would still work out quite cheap for that kind of exposure!