Lawrence Person's BattleSwarm Blog 6/15/2024
OK, my alliterative synonym abilities failed me with the last one. But you get the idea. It seems even leftwing billionaires get tired of losing $100 million a year. The Washington Post is hemorrhaging readers, and a new CEO has come in to read woke employees the riot act.
https://www.youtube.com/watch?v=cR2P7TmX18kMegyn Kelly: The Washington Post is in a slippery downfall, probably to its end. It’s hemorrhaging.
Dave Rubin: Well deserved.
MK: It’s disgusting, isn’t it! It’s worse than The New York Times!
DR: Well, we’d have to really think that one through. I mean, The New York Times is unbelievably horrible.
MK: But still readable yeah. You read it, and you see it’s biased, and you know you’re getting misled. The Washington Post has turned into Slate.
MK: I mean it’s disgusting now, and it has been this way for a couple of years. So you”ll be shocked, shocked to learn they’re hemorrhaging readers. They’re leaving in droves. And it’s not like they had a huge Republican base to begin with. But you know, even the moderate readers seem have said you’re too much for me.
MK: The New York Times reported in July of 2023 that The Washington Post was on pace to lose about $100 million last year.
MK: Then in October of this past fall, Washington Post offered buyouts to cut staff by almost 250, 240 employees.
MK: They cannot increase their number of paying customers, since the 2020 election they peaked at three million subscribers back then. They’re now down by half a million and counting.
It’s just going down and down and down.
MK: There was a meeting on [last] Monday where the publisher Will Lewis and the new interim executive editor Matt Murray met with staff. And they they got rid of Sally Busby, who had led the paper for the past couple years, and made a shocking announcement.
More:
https://www.battleswarmblog.com/?p=58429