Bezos’s Washington Post in Free Fall, Loses $100M After Trump Election Victory

0
224

by William Upton, The National Pulse:

The Washington Post continues its meteoric fall after President Donald J. Trump’s 2024 election victory and just days before his inauguration in Washington, D.C. While the newspaper—owned by Amazon retail giant billionaire Jeff Bezos—has undergone rounds of layoffs and seen readers flee since its editorial board declined to endorse Vice President Kamala Harris during the presidential election, it is now revealed The Washington Post has also lost $100 million in revenue in 2024 alone.

During the summer peak of the 2024 presidential election—when 82-year-old incumbent Joe Biden exited the race after a disastrous presidential debate performance and the first of two assassination attempts on President-elect Trump—The Washington Post only saw an average of 2.5 million to three million visitors to its website. The daily visitors over the summer of 2024 represent a steep drop off from the 22.5 million daily visitors when Biden was inaugurated in 2021.

TRUTH LIVES on at https://sgtreport.tv/

Compounding the newspaper’s problems is a flight of top reporters, including Josh Dawsey and Michael Scherer. In addition, The Washington Post‘s editorial section has seen several of its top names resign in response to what they contend was Bezos’s decision to block an endorsement of Kamala Harris. In October, editor-at-large Robert Kagan—who is married to the Biden-Harris government’s Ukraine war architect Victoria Nuland—announced he was resigning his position. Meanwhile, just days before Trump’s inauguration as the 47th President of the United States, Jennifer Rubin revealed she is leaving The Washington Post as well.

While the newspaper, whose slogan is “Democracy Dies in Darkness,” has always struggled with revenue, the recent numbers underscore its dire straits. Over the past several years, The Washington Post has undergone several rounds of significant layoffs and contract buyouts in an effort to stabilize its finances, albeit with little success.

Read More @ TheNationalPulse.com