SAD TROMBONE: The Washington Post is reportedly bleeding subscribers and is on track to lose money

Mike | 2:43 PM on August 30, 2022

The Washington Post is struggling with revenue and subscribers, according to a new report from the New York Times.

The Trump years were great for the WaPo, as their readers greedily devoured every single story about the walls supposedly closing in on Trump, but now? Not so much.

The Biden years are awful for everyone, so far.

From the NY Times:

In the years after Jeff Bezos bought The Washington Post in 2013, business boomed. Droves of readers bought digital subscriptions, and the newsroom roughly doubled in size, adding hundreds more journalists.

But The Post’s business has stalled in the past year. As the breakneck news pace of the Trump administration faded away, readers have turned elsewhere, and the paper’s push to expand beyond Beltway coverage hasn’t compensated for the loss.

The organization is on track to lose money in 2022, after years of profitability, according to two people with knowledge of the company’s finances.

That’s a shame.

SCOOP: The Washington Post is on track to lose money this year, sources say. It been unable to boost subscribers back to the 3 million it had in 2020 — and CEO Fred Ryan has floated cutting 100 newsroom positions. Story here from me and @BenMullin https://t.co/xas2BHSR56

— Katie Robertson (@katie_robertson) August 30, 2022

Here’s a suggestion:

If WaPo wants to boost readership, especially with the young female demo, the answer is obvious: More Max Boot. https://t.co/DWWnAuh5zY

— Jon Gabriel (@exjon) August 30, 2022

People have thoughts about this:

When you make the 40 year old tech reporter your EIC, this was bound to happen https://t.co/TvQxVrLCQD

— Stephen L. Miller (@redsteeze) August 30, 2022