Washington Post Faces $77 Million Loss
Washington Post Faces $77 Million Loss

Washington Post Faces $77 Million Loss

News summary

The Washington Post is projected to lose $77 million this year, a figure that predates a mass subscriber exodus of 250,000 due to its decision not to endorse Vice President Kamala Harris ahead of the 2024 election. Internal sources reported heightened anger and fear among staff, with one remarking that trust in the publication is waning. Publisher Will Lewis denied that owner Jeff Bezos influenced the endorsement decision, although staffers expressed concern over poor decision-making leading to significant subscriber losses. This financial turmoil reflects a broader trend of declining subscriptions in liberal media outlets. The situation has caused staff to consider leaving, as morale in the newsroom is reportedly low. The question remains whether the Washington Post can recover from these setbacks and regain public trust.

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0431014e-f57d-40d0-94c2-886dde9b8288605a98c4-d25e-430b-86c1-9232b14faa6b73f12dda-d65d-478a-a751-482d3da5d368df996e72-9933-4037-bf43-26f5ba21bcd1
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4
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Last Updated
13 min ago
Bias Distribution
100% Right
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