OUCH: Solvency Dies in Darkness: Washington Post On Pace to Lose $100 Million This Year… MARK JUDGE: The end of the Washington Post.

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via newsbusters:

The New York Times buried the lede in a story about Amazon billionaire Jeff Bezos owning The Washington Post. It isn’t quite profitable, you learn in the eighth paragraph: “The Post is on a pace to lose about $100 million in 2023, according to two people with knowledge of the company’s finances.”

The headline doesn’t include that eye-grabbing detail. It’s just this:

A Decade Ago, Jeff Bezos Bought a Newspaper. Now He’s Paying Attention to It Again.

The Amazon founder, who purchased The Washington Post for $250 million in 2013, has taken a more active role in the paper’s operations this year.

Yes, you can imagine he’d take a “more active role” with this nagging problem. Post employees were delighted a liberal billionaire bought the paper, so they didn’t have to be too worried about profits. “Prestige journalism” for the liberals isn’t working out right now, even as the paper extends its Trump obsession forward.

Maybe it’s time for Bezos to give WaPo the Newsweek solution.

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via thespectator:

The Washington Post is collapsing. Once one of America’s great media institutions, the paper lost $100 million last year and has shed 500,000 subscribers. Recent reports reveal that Post owner Jeff Bezos is going to be more hands-on to try and save the paper.

Yet trying to get employees of the Post to do their jobs is like trying to get dogs to play baseball. Dogs just aren’t interested in baseball, and the breed of journalist now at the Post is just not interested in journalism. Always a liberal paper, the Post is now pure propaganda.

Earlier this year, veteran Post reporter Bob Woodward, who of course became famous for his Watergate coverage, blasted the media and the young reporters at his own paper for their falling for “Russiagate,” the hoax that President Donald Trump was working with the Russians. Woodward called the Steele dossier, the basis for that story, garbage, and told the Columbia Journalism Review that the media had to “walk down the painful road of introspection.” Woodward then said this: “To be honest, there was a lack of curiosity on the part of the people at the Post about what I had said, why I said this, and I accepted that and I didn’t force it on anyone.”

At the Post the problem is not as much a lack of curiosity as much as the desire to push a certain narrative. This is where my personal experience with the paper comes in.

Democracy dies in Democrat propaganda.

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h/t Stephen Green

 


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