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In reply to the discussion: More Than 60,000 Washington Post Customers Canceled Subscriptions After Jeff Bezos Axed 44% of Reporters [View all]BumRushDaShow
(168,920 posts)16. I haven't read the whole thing yet
but the narrative (like a story-telling style timeline), earlier references and links to NPR's article from a radio interview done in October 2024. A blip from that -
More than 250,000 subscribers have left 'Washington Post' over withheld endorsement
(snip)
FOLKENFLIK: This is, you know, pretty much perceived by everybody I've talked to in the Post as something that will go down as a historic moment - a kind of debacle. The numbers that I reported came from two people with direct knowledge. I must say I've gone to the Post a number of times to give them a chance to shoot it down. They have not done so. They said, we're a privately held company, and we're not going to give out that figure publicly. But that would be about 10% of their paid subscribers - all digital and paper paid subscribers - right now. It's something of a calamity for them. It's a collapse of many millions of dollars in revenue, although not all cancellations take effect instantaneously.
(snip)
FOLKENFLIK: This is, you know, pretty much perceived by everybody I've talked to in the Post as something that will go down as a historic moment - a kind of debacle. The numbers that I reported came from two people with direct knowledge. I must say I've gone to the Post a number of times to give them a chance to shoot it down. They have not done so. They said, we're a privately held company, and we're not going to give out that figure publicly. But that would be about 10% of their paid subscribers - all digital and paper paid subscribers - right now. It's something of a calamity for them. It's a collapse of many millions of dollars in revenue, although not all cancellations take effect instantaneously.
(snip)
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More Than 60,000 Washington Post Customers Canceled Subscriptions After Jeff Bezos Axed 44% of Reporters [View all]
BumRushDaShow
Yesterday
OP
The only thing I have on that list is Paramount + which will be toast in August
Bengus81
Yesterday
#19
They rely on advertisers to keep the paper in the black. Subscribers leave and so do
Bengus81
Yesterday
#24
60k sounds like a big loss, but the total number of digital subscribers to WaPo is 2.5M.
TheRickles
Yesterday
#10
This is how the NYT framed it (the piece is a lengthy long-form thing that is typical of something in the magazine)
BumRushDaShow
Yesterday
#14
Interesting snip about the content's context- thanks. But still no numerical context by the Times.
TheRickles
Yesterday
#15
That's when I canceled , but it took 6 months to actually stop since I had paid for a year
fargone
19 hrs ago
#31
As someone who worked in corporate management for years, you cannot cut your way to profitability.
Lonestarblue
Yesterday
#17
I worked for a company like that; cutting support staff produced worse cust svc
Callie1979
Yesterday
#20
I dropped it when he BOUGHT it. And I've NEVER used Amazon. How many DUeers have stopped?
Callie1979
Yesterday
#18
Not enough people are willing to pay for internet content when the mindset is that it should all be "free"
MichMan
Yesterday
#23
I cancelled my WaPo subscription after he blocked their endorsement of Kamala
NEOBuckeye
19 hrs ago
#32
I wish they would approach it like cable tv and offer a couple dozen or so news options
travelingthrulife
10 min ago
#38