December 8, 2012
Deep Impact
The Washington Post is dealing with a steep decline in its core business of print advertising. Its newspaper division reported an operating loss of $56.3 million for the first nine months of this year, reflecting a 14% decline in revenue to $160.7 million. The company lost its chief revenue officer in the spring, and the search for a replacement continues... |
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Related: Is there anyone on either side of the aisle that takes The Washington Post seriously?
h/t Fearless Leader
Posted by Kate at December 8, 2012 10:31 AMAnd to cap it all, the WaPo is declaring dividends early in order to avoid the January tax increase. The major beneficiary: Warren Buffet.
http://hosted.ap.org/dynamic/stories/U/US_WASHINGTON_POST_DIVIDEND?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-12-07-16-53-14
"Is there anyone on either side of the aisle that takes The Washington Post seriously?"
The BamBam does,seeing as they mentioned him personally in the headline.As for anyone else,maybe Al-Jazeera,if only for propaganda reasons.
Posted by: Justthinkin at December 8, 2012 11:56 AMSoon, the only journalism left standing will be government funded...
Posted by: TOutcast at December 8, 2012 1:33 PMThe yodel heard in curling rinks applies to the sad old leftie media also, "hurry hard" ,with your demise, embrace the red ink, because the media losers certainly don't understand black and white unless it applies to race and they can start a fight.
Posted by: bartinsky at December 8, 2012 3:01 PMSadly the posters above me don't understand the function of the NYT, Washington Post, et al,,,,their fucntion hasn't been about making money for awhile now, making money was just a bonus. They are about, pushing an agenda, massaging your prospective, reaffirming left ideas, and an outlet for the regime to launch trial ballons to gauge the masses. I'd be surprised if they're not already receiving gov't money. ie: gov't advertising, political campaign ads, even backdoor stimulis money! The more money they lose, the more money Obama will make sure he directs towards them. They're a tool for him, atleast as long as he needs them. They will not go broke! they will just receive more and more gov't money to stay afloat. They're part of the machine.
Anyone wonder where that $2Bil went from the two presidential campaigns. Much of Obama's went to his friends in the media, much of Romney's went to Romney's enemies in the media!
Posted by: Carl at December 8, 2012 4:39 PMIs there anyone on either side of the aisle that takes The Washington Post seriously?
Please, from someone who takes Fox, Sun, Limbaugh and Ayn Rand seriously.
Posted by: phil at December 8, 2012 5:13 PMMost pay walls can be easily bypassed by the simple expedient of copying the headline into a google search, then clicking on the google link to the story.
Posted by: mojo at December 8, 2012 7:48 PMPeople in the beltline aren't even interested in the WaPo for it's classified section because buy-sell-trade is all done at upscale eateries and behind closed doors.
Posted by: Occam at December 9, 2012 12:31 AMDeep Impact?
Guess what. It's coming on Dec 21.
White House Official Confirms Doomsday Asteroid Headed For Earth Impact On December 21, 2012
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