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Submission + - Washington Post set to lose $77 million this year even before boycott (archive.is)

An anonymous reader writes: A report from New York Magazine's Intelligencer shed light on a recent meeting at The Post newsroom where the top brass revealed that the paper was on pace to lose a whopping $77 million this year, a figure that does not even include the staggering 250,000 subscribers it lost over its last-minute decision by billionaire owner Jeff Bezos to not endorse Vice President Kamala Harris in the final days of the presidential race.

"[It's] not a surprise at all," one Post staffer told Fox News Digital in reaction to the report. "It means ‘buckle up.’"

Notably, the $77 million in reported losses mirrors the exact figure Washington Post publisher Will Lewis said in May the paper lost over the prior year.

The Intelligencer cited other staffers, one saying "The level of anger is through the roof, and fear is also through the roof."

Comment Reddit has fundamentally changed (Score 1) 36

Reddit used to have principles that aligned with the open source model. Now they are removing mods that protested their API pricing. They have changed and that is how they are killing the goose that lays golden eggs. Everyone was cheering for them to succeed. Not anymore. The good will people had towards reddit is gone. They killed it.

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