WHAT A SHAME: The Liberal Washington Post is Losing $100 Million a Year and Online Engagement is Way Down
The liberal Washington Post is in rough shape and isn’t showing signs of recovering any time soon.
The paper is reportedly losing up to $100 million a year and has lost more than half of it’s online engagement. Like many media outlets, they flourished during the Trump years but Biden is not good for business.
Their main problem is the same as late night TV. They’ve become too predictable. Who wants to pay to read the same anti-Trump angle over and over again? Everything is framed to cater to the views of the far left.
RedState reports:
The Washington Post Is in Full-Scale Collapse
Is The Washington Post in full-scale collapse? A recent look at the numbers provides a fairly convincing answer to that question.
According to the report, not only is the Post losing $100 million a year, but it lost over half of its online engagement by the end of 2023. The signs were already there by mid-year, and the worst has come to pass.
Having a billionaire sugar daddy has helped mask some of the issues plaguing the Post, but the tide can only be held back so long. To lose over 50 percent of its online viewership is catastrophic for an outlet with such high overhead costs. Subscriber numbers have also nosedived throughout the Biden administration.
Would anyone really miss them if they were gone?
“In addition to churning subscribers and losing $100 million a year, the Washington Post is also failing to engage audiences. Four years ago, the Post boasted 139 million monthly visitors. By the end of last year, it had less than 60 million” https://t.co/RlZXZ49nds
— Josh Kraushaar (@JoshKraushaar) January 6, 2024
There are a lot of critics of @elonmusk who keep positing that Twitter/X is collapsing, but engagement is *up* here. There isn’t much commentary on Bezos’ destruction of WaPo. I wonder why.*
(*- No, I don’t.) https://t.co/pC2qbcOOUU
— Ed Morrissey (@EdMorrissey) January 6, 2024
Yay!!! I hope everyone involved has a slightly less than comfortable rest of their lives and nobody ever lets them near a keyboard again. https://t.co/DBq2XxMcCF
— Me (@Me3535429145181) January 6, 2024
Wow. The paper of Woodward and Bernstein is in a death spiral.
The Washington Post Is in Full-Scale Collapse https://t.co/UH0jGa2k3e
— Lilly Wilson (@RealLillyWilson) January 6, 2024
People are tired of their same old leftist spin on everything. In the internet age, there are so many more interesting choices
Source: The Gateway Pundit
