Frustrations Mount at Washington Post as Its Business Struggles

Article I read said subscriptions declined significantly after Trump left office.

 

Previous post was tongue in cheek. Most people figured they'd lose revenue without him in the Oval Office (the NYT as well), based on the surge they saw when he was there. Although it seems he has been in the news enough to keep the gravy train going. But I guess not. Ukraine and Israel aren't going to sell subscriptions.

 

Thank goodness New Gannett did not over-estimate digital subscription and digital ad revenues.

 

Which is why they would give anything for him to be the Republican nominee again. As much as the national political media wring hands about him, they love the clicks/ratings he gets from those who love and hate him.

 

Especially Josh Dawsey, the no-neck piece of shit who's carried Fat Orange Hitler's water for years.

 

The Washington Post to Cut 240 Jobs

and



but

Amazon profits nearly triple as company reports $143.1bn in revenue

 

Yes because what is most important to readers is that the Post makes money

 

Every time I read a Times story about the failings at the Post, I feel a bit icky.

 

What does one have to do with the other?

 

https://www.washingtonpost.com/style/media/2023/11/05/william-lewis-washington-post-ceo-profile/

Within a handful of days, William Lewis was both knighted by British royalty and hired by one of the richest men in the world as CEO and publisher of The Washington Post.

One role, ceremonial with few responsibilities or expectations. The other, quite the opposite.

In an interview Sunday, the London-born veteran media executive acknowledged the challenges of the job ahead — a softening ad market, a shrinking and distracted audience, a staff coping with anticipated cuts — while professing optimism about the institution he’s joining.

“We’re going to expand. We’re going to get our swagger back,” Lewis said, echoing a word that Jeff Bezos, the founder of Amazon, has used about the news organization he bought a decade ago. “I know that right now is not our greatest time, but we’re going to grow again. And we’re going to get that confidence back and that swagger back. I can tell you that with absolute confidence.”

 

That Bezos could cover any losses at the Post with the change he keeps in the ashtray of his Maybach.