Washington Post cancellations hit 250,000 – 10% of subscribers(www.theguardian.com)

posted 23 days ago

breakfastmtn@lemmy.ca

politics@lemmy.world

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Deterioration of the Washington Post’s subscriber base continued on Tuesday, hours after its proprietor, Jeff Bezos, defended the decision to forgo formally endorsing a presidential candidate as part of an effort to restore trust in the media.

The publication has now shed 250,000 subscribers, or 10% of the 2.5 million customers it had before the decision was made public on Friday, according to the NPR reporter David Folkenflik.

A day earlier, 200,000 had left according to the same outlet.

The numbers are based on the number of cancellation emails that have been sent out, according to a source at the paper, though the subscriber dashboard is no longer viewable to employees.

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enkers@sh.itjust.works

7 points

23 days ago

Sadly, that’s chump change for him. 250k sub’s at $120/yr comes out to $30M/yr. That’s ~ 0.015% of his net wealth. Better than nothing though.

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Skua@kbin.earth

28 points

23 days ago

I believe that the main reason for people as wealthy as him to own newspapers is not the money, it’s the influence. This does hurt that

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