Washington Post crisis intensifies with profit pressures from owner Jeff Bezos, managing editor's resignation, and internal confli...
The prestigious Washington Post is in crisis, with pressure on from owner Jeff Bezos to change its money-losing ways.
Lewis was asked to turn around a newspaper that continues to pile up Pulitzer Prizes half a century after the Watergate scandal it instigated, but which has lost $77 million in 2023 despite job cuts and the disappearance of its Sunday supplement. The Post was among trusted news outlets that benefited from the upheaval that marked Trump's four years in the White House that ended with his loss to President Joe Biden.
"When Donald Trump left the White House, the Trump bump that helped a lot of newspapers disappeared," Kennedy said.By the end of 2022, the Post would have 2.5 million subscribers compared with 3 million subscribers when Biden took office in early 2021, according to the Wall Street Journal. Buzbee is said to have disagreed with Lewis's strategy to split the editorial department into three divisions: news, opinion, and a new third unit devoted to social media and service journalism.
However, articles in the New York Times and the Post pointed to questionable methods employed under his watch and that of former colleague Robert Winnett, whom Lewis chose to replace Buzbee.
Jeff Bezos Profit Pressure William Lewis Newspaper Management US Media Landscape
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
British journalist backs out of Washington Post top jobBritish journalist Robert Winnett will not become editor-in-chief of The Washington Post, the daily said on Friday, a decision tak...
Baca lebih lajut »
Singapore Airlines offers $10,000 to passengers hurt by turbulenceDiscover how Singapore Airlines is handling Turbulence Compensation with offers up to $10,000 for affected passengers. Learn more...
Baca lebih lajut »
Singapore Airlines offers $10,000 to passengers hurt by turbulenceA 73-year-old British man died and several other passengers and crew suffered brain and spine wounds
Baca lebih lajut »
Singapore airlines provides compensation to turbulence victimsIn a Facebook post, Singapore Airlines announced that it would offer compensation of $10,000 (£7,800) to passengers who sustained
Baca lebih lajut »
Russia keeps up the front-line pressure before Ukraine receives a boost from Western military aidRussia keeps up the front-line pressure before Ukraine receives a boost from Western military aid
Baca lebih lajut »
May 9 mastermind should be the first to get punished: KundiSays PTI isn’t taking responsibility for the X post, but also not deleting it
Baca lebih lajut »