Washington Post On Pace To Lose $77 Million This Year
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The Washington Post is on pace to lose $77 million this year according to a report from New York Magazine’s Intelligencer.
This number does not take into account the effect of the liberal boycott of the Post over Jeff Bezos’ decision not to have the paper endorse Kamala Harris.
The Washington Post was already in financial trouble even before the recent boycott movement that erupted against the paper.
A report from New York Magazine’s Intelligencer shed light on a recent meeting at The Post newsroom where the top brass revealed that the paper was on pace to lose a whopping $77 million this year, a figure that does not even include the staggering 250,000 subscribers it lost over its last-minute decision by billionaire owner Jeff Bezos to not endorse Vice President Kamala Harris in the final days of the presidential race.
“[It’s] not a surprise at all,” one Post staffer told Fox News Digital in reaction to the report. “It means ‘buckle up.’”
Notably, the $77 million in reported losses mirrors the exact figure Washington Post publisher Will Lewis said in May the paper lost over the prior year.
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