Jeff Bezos' WaPo reeling from losses and 'internal drama' as Trump returns to DC: report
Source: Raw Story
January 11, 2025 12:47PM ET
At a time when the always newsworthy Donald Trump is headed back to the White House, the venerable Washington Post should be gearing up to cover his second term but instead is being subjected to an exodus of top reporters and internal strife, reports the Wall Street Journal's Alexandra Bruell.
In her report for the Journal, Bruell notes that Amazon founder and billionaire Jeff Bezos, who bought the Post in 2013 for $250 million, just watched his investment lose around $100 million last year as new management has failed to stop the bleeding.
The Journal also reports that top-flight journalists are also fleeing to greener pastures under the management of interim executive editor Matt Murray and publisher William Lewis who has still not righted the ship since his hiring. Adding to the Post's problems was a decision to spike an endorsement of Vice President Kamala Harris before the 2024 presidential election that led to a revolt by readers with a reported 250,000 people canceling their subscriptions within days.
According to the Journal, "The changes inside the Post have left many staffers frustrated and confused about the future, the people close to the newsroom said. Journalists across areas from politics to national security, including Ashley Parker, Michael Scherer, Tyler Pager and Hannah Allam, have defected to publications such as the New York Times, the Atlantic and ProPublica. Josh Dawsey, a political investigations and enterprise reporter, is leaving for the Journal, where he worked before the Post," adding, "National editor Philip Rucker, investigations editor Peter Wallsten and senior national investigations editor Rosalind Helderman are in the latest batch of newsroom leaders taking calls from other publications."
Read more: https://www.rawstory.com/bezos-washington-post/
Joinfortmill
(17,051 posts)Bluetus
(514 posts)Last edited Sat Jan 11, 2025, 10:38 PM - Edit history (1)
is like moving from a beef slaughterhouse to a pork slaughterhouse to protest animal cruelty.
I am sympathetic to whatever staff there is at WashPo that has what could be recognized as journalistic integrity. They don't have any good options in the legacy media, and the newer media is surely less secure than working for an outlet owned by a mega-billionaire. But moving to NYT is scarcely a way to signal that you have any journalistic integrity.
I cancelled my NYT subscription first. Then WaPo when Jeff became a beggar.
Blue_Tires
(57,596 posts)And there's nothing available at the smaller newspapers
jvill
(459 posts)speak easy
(11,115 posts)Yes he cares about that.
ratchiweenie
(8,003 posts)speak easy
(11,115 posts)money is money
ratchiweenie
(8,003 posts)these crooks stand to make so much more.
yardwork
(65,230 posts)Similarly, Musk doesn't care that Twitter loses money. He and Bezos have much bigger deals to make, and buying up media outlets to destroy them seems to be an acceptable cost of doing business, for them.
I'm curious to see what happens to Meta, though. That's a private company and it's the main source of Zuckerberg's wealth. He makes billions selling the data Facebook users share with him. If the users leave, Zuckerberg might feel the hit.
Marthe48
(19,906 posts)It's a hollowed out shell of the honored bastion of reporting it used to be. It took awhile, but after stripping the integrity from a robust publishing icon, bezos managed to kill it.
Bluetus
(514 posts)In classical journalism, the objective is to inform the readers with truth, as efficiently as possible. The classical form says that you put the essential story in the first paragraph. In subsequent paragraphs, you fill in details for those that have more time or interest to consume the complete story.
Look at WashPo and most of the other legacy newspapers cum online news. You will find that in >90% of the online articles, the classical form is completely reversed. It is now the clickbait model, where you start with a misleading headline. Then the first paragraph hints about something sinister, evil, sexy, or bloody, but provides no useful information. In subsequent paragraphs, you lead the viewer along, making them skip past ad after ad. Finally, in the 10th paragraph -- or maybe on the third page, they might provide some of the essential details.
Bezos didn't turn the newspaper world from journalism to clickbait -- at least not by himself. It is everywhere. But by putting WashPo on that track, he guaranteed the demise of this once proud paper.
And you know what, Bezos is OK with that. That's one less news source that could report on Amazon's abusive labor practices and destruction to local economies.
SeattleVet
(5,628 posts)You know, actual JOURNALISM, and not the scattered mess we have today.
Bluetus
(514 posts)FakeNoose
(36,451 posts)If readers get the gist of the story in the first couple of paragraphs, they might skip reading the whole story. So the writers and editors bury the facts into the middle or end of the story to keep us puzzled and to keep us hooked.
It's diabolical what they're doing now.
I figure that AI will take over soon, the reporters will be fired because they expect to be paid salaries and benefits. Chatbots are less demanding and far cheaper to manage.
skypilot
(8,966 posts)...was waning with age. I've noticed a lot of news articles written the way you described. I find myself doing a lot of skimming or sometimes just giving up on the article in frustration.
Irish_Dem
(62,819 posts)Who benefits and how?
Initech
(103,266 posts)Instead we're going ass backwards at an extremely alarming rate, all so a couple of jackass billionaires can become trillionaires. WTF.
0rganism
(24,852 posts)It's a rolling wave of Stupid threatening to engulf the entire planet. When it's subsided, the survivors might get that period of enlightenment if they're still capable of cognition.
dgauss
(1,212 posts)is that they don't give a damn about what they destroy on their way up. At least that's the impression I'm getting. F these people and their exponential selfishness.
Scrivener7
(53,797 posts)live love laugh
(14,868 posts)Katcat
(405 posts)Most of his money he wouldnt have a fiancée.
paleotn
(19,853 posts)Roy Rolling
(7,246 posts)I cancelled my WaPo subscription. It helped me more than it hurt Jeff.
RainCaster
(11,948 posts)You didn't get out quick enough, and now the quality papers have filled all their openings for senior staff. Better get used to writing clickbait, or start your own quality news service with your compatriots.
slumcamper
(1,753 posts)Disclaimer: I didn't bother to read the article.
Here's the deal: certain monied interest who own and controls this entity is not bothered in the least by any purported "reeling."
Notwithstanding the reeling of those journalists who would otherwise do good works, the failure of this news pillar--to its owner--is tantamount to dropping and losing a quarter in a gutter. IT DOESN'T MATTER to Bezos.
Seriously. He and his ilk are laughing as we, hair afire, lament the rapid deconstruction of institutions and practices that most of society has long relied on as pillars of our cultural landscape.
Can we forge a new landscape;? Or am I envisioning a new country? The rapidity of change coupled with the fleeting of time suggest a "rupture" in the historical continuum--and that phenomenon warrants a much different discussion.
Bozvotros
(890 posts)It's not reeling that's going on at the Washington Post. It's called circling the drain.
Lulu KC
(6,153 posts)The readers are the ones who lost something. You lost nothing, Bozo.
dickthegrouch
(3,855 posts)cstanleytech
(27,308 posts)Initech
(103,266 posts)Fuck Jeff Bezos. If there is a hell, I hope Satan has a special circle reserved just for him.
JohnSJ
(97,192 posts)the courage to risk their careers and not be dictated to by a billionaire what not to write about.
When bezo blocked the post's presidential endorsement, I immediately cancelled my subscription to the WP, and will not even consider going back unless bezo is no long affiliated with the paper.
Danascot
(4,941 posts)when WP spiked an Ann Telnaes cartoon that depicted billionaires including Bezos bowing before trump. She quit as a result. I've been a fan of hers for years. I'd already canceled my subscription after the Post refused to endorse Kamala. If I hadn't I'd cancel over their lack of support for Telnaes. She showed us what courage looks like.
https://anntelnaes.substack.com/p/why-im-quitting-the-washington-post
BlueSky3
(728 posts)immediately subscribed to her Substack. Shell probably make more $ there than she did with the Post anyway.
Danascot
(4,941 posts)I hope she 'makes more $ there than she did with the Post'.
Blue_Tires
(57,596 posts)As long as Jeffrey keeps meddling with editorial content
BlueSky3
(728 posts)still there. Ill keep subscribing for her and the advice columnists like Carolyn Hax. The comments boards on the WaPo are sometimes informative as well.
yardwork
(65,230 posts)It's basically impossible to read now.
I like some of the columnists and articles but am thinking about unsubscribing.
BlueSky3
(728 posts)comments format is awful. For a while I would click all four of the buttons below posts just to mess with them, but now they only let you click on one.
yardwork
(65,230 posts)Maeve
(43,101 posts)Now that is down to $2 a month for online access. Desperate times...
Blue_Tires
(57,596 posts)He made the decision to drop his trousers and crawl under the sheets with Donnie so he might as well get comfortable 😒
FakeNoose
(36,451 posts)Link: https://archive.ph/45IUT
Silly me, I actually believed him ... then!
tonekat
(2,104 posts)Launch was scrubbed.