Turbulence at Washington Post with pressure for profit

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Turbulence at Washington Post with pressure for profit
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Defining the News

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. As the US presidential election approaches, the affair is poisoning the atmosphere at a long-vaunted newspaper that is “not doing well economically,” Northeastern University journalism professor Dan Kennedy tells AFP.

Trump’s departure from the White House meant fewer attention-grabbing stories to keep readers engaged.

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