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Washington Post Joins List of News Companies in Economic Straights After Denying a Bad Economy

On Thursday, nearly 1,100 New York Times employees went on strike. They realized the biggest challenge wasn’t in their work but in convincing people not to play Wordle.

The little-known quit-snit was probably met with shrugs. This is based on core complaints of this block. This was done in order to protect Joe Biden.

These Times writers need to realize that they don’t have bargaining power due to the current media sector economic crisis. Workers are unable to use threats of losing their jobs to find work. Look at the number of news outlets that have cut staff or stopped growth to save money.

CNN is experiencing a series of very serious layoffs as detailed previously.
Buzzfeed announced it would lay off 12 percent more workers after cutting its news department in March.
Gannett just launched its third round after six months of layoffs.
Vice News is constantly cutting back employees and is looking for a buyer.
Morning Brew dispatched 15% of its editorial staff.
Outside Media had its second round of layoffs this year.

Parade Magazine will cease publishing print editions of its Sunday newspaper insert. This is the first time it has stopped doing so since 1941.

John Heilman’s outlet The Recount is now closed.

The protocol has been closed.

The Washington Post has also had problems. The Sunday magazine will be closed. The last issue of the Washington Post magazine will be published on Christmas Day.

The Wall Street Journal published an article about a new division of the Washington Post’s tech department. The paper now considers it a bigger entity than initially thought. Over the past ten years, this program has been able to create apps as well as analyze tools. The paper is marketing the program to other companies.

The Journal has a piece explaining why this effort was necessary. We can now see how difficult the past few years have been for WaPo financially.

People estimate that the Post will earn $600,000,000 in revenue by 2022. The company also boasts more than 2.5 million subscribers, up from three million in January 2021.

This is quite shocking.

This paper has consistently been hostile to a section of its audience. The national paper located within the nation’s capital has made it rather clear it harbors an animous towards Republicans/conservatives, so the motivation from that sector to continue funding the insults and attacks is diminished. You also have an apparent animosity toward journalist ethics.

This paper has allowed Taylor Lorenz’s rampant behavior this year. Glenn Kessler, a laughably fact-averse fact-checker, is based on this paper. It claims to have balanced editorial perspectives by retaining Democrats-in-conservative-clothing columnists Jennifer Rubin and Max Boot. It pretends Philip Bump is still a rational and cerebral source for commentary.

One day after a conflict, the journalism sector will look like a civil war battlefield. It is possible that some soldiers still residing in the editorial cubical farms will finally see that there are serious challenges ahead.

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