The Washington Post lost more than $100 million last year, according to a Wall Street Journal report, a substantial shortfall that led the paper to lay off a third of the company earlier this month.
The Post’s leaders had been vocal about the financial challenges amid changing consumer habits, but have not shared precise numbers on losses. The Post reportedly lost $100 million in 2024, and $77 million in 2023. Earlier this month, a source told TheWrap that the Post lost up to $125 million in 2025.
The Post did not respond to an immediate request for comment.
Executive editor Matt Murray acknowledged during Semafor’s “Restoring Trust in Media” event on Wednesday that “journalism alone isn’t enough” to compete in a news market dominated by diversified offerings from outlets like the New York Times, which boasts subscriptions that include games, cooking recipes and more.i
“We’re fighting for the attention of the audiences,” Murray said. “We need corporate models that support the journalism.”
https://finance.yahoo.com/news/washington-post-leaders-face-staff-155329574.html
Paramount Global swung to a quarterly loss and posted sharply lower profit during 2025 as programming-related write-downs and restructuring charges following the company’s merger with Skydance media weighed on results despite modest improvements in cash flow.
For the three months ended December 31 (Q4), Paramount reported revenue of $7.32 billion, down 7 percent from $7.93 billion in the year-ago quarter. Operating income fell to $22 million, compared with $220 million in the fourth quarter of 2024, reflecting the impact of programming charges and other items tied to the company’s strategic transformation efforts.
Paramount recorded a net loss from continuing operations of $70 million in the fourth quarter, reversing net earnings of $423 million a year earlier. Adjusted OIBDA totaled $23 million, down 92 percent year over year, underscoring the pressure on profitability across its business lines.
Feb 26 (Reuters) – CNBC is restructuring its newsroom to unify its TV and digital operations in a move that would result in nearly a dozen layoffs including the departure of the website’s managing editor, Jeff McCracken, four sources familiar with the matter told Reuters.
The cuts are part of an overhaul under Editor-in-Chief David Cho, as CNBC prepares to introduce a paywall on its website, the sources said, requesting anonymity because the information was not public.
https://finance.yahoo.com/news/exclusive-cnbc-unify-digital-tv-153437193.html