Which it is--for older more successful people. For a youngster with a light resume and a thirst for excitement, though, it might be perfect.
PA wants someone who not only has expert-level experience in several disciplines but is willing to work such a job to the exclusion of anything else while not getting paid a competitive salary nor receiving any sort of stake in their gaming media empire. This is absolutely in keeping with the worst inclinations of this industry, made worse by PA's knowledge of these practices in many of the companies they cover.
So, no, they are wildly different. This job is a good deal for no one and you do an immense disservice by carrying water for people that should know better.
I required, and was given, a great salary plus stock, a nice office environment, and a healthy work-life balance.
His issue with this job is that they're looking to hire an experienced unicorn on the cheap, then they're going to work it to death.