Only a year after the seismic election, Politico had 6.7 million unique visitors a month. That same year, the Post lost $165 million.
The new plan also called for the elimination of all 100 copy editors.
The Washington Post had been hit far worse. Its advertising base in D.C. had been decimated, as was the case with many local newspapers,
At the reborn Post, failure was refreshingly destigmatized. It took 10 tries to find one that would work, as one Jeffism went.
So was the spike in traffic they saw under Bezos, attributable mainly to the website’s new practice of publishing content in the early morning, when audience attention was at its peak. In October 2015...
Each piece of content was infinitely manipulable and recyclable. Every facet of every post—from the copy and artwork to the length and layout—represented a decision, and every decision was worth tinke...
It’s easy to forget how desperately afraid of centralized power the Founders of America were. The First Amendment protecting freedom of the press was first for a reason.
Item No. 1 was frank and made clear he was no revanchist: The Grahams never asked enough of people. Ask for more.
In late 2007 the august New York Times
Every so often one group or another would feel their wrists vibrate and in unison they would lift their arms and inspect the latest update from their company-issued Apple Watches.
Put his foot in his mouth when, in talking about the paper’s local strategy, he seemed to compare the Post to the Dayton Daily News, a small paper no one outside of Ohio ever read.
The editors had prepared almost nothing for the unthinkable, a Trump win. Instead, a special section devoted to the election of the first woman president was ready to go. The previous Sunday the edito...
But in less than a decade, the Times would be offering experiences, like around-the-world trips with its journalists on chartered 757s, with seats going for $135,000.)
The past few years alone had seen several dozen mega-vi posts about how such-and-such will restore your faith in humanity. Among the subjects it claimed had restorative powers were pugs, kids, pizza,...
Nancy Peretsman of Allen & Co., a top Wall Street banker and a specialist in internet and media deals. Buffett was high on Peretsman, who had been a budding star at Salomon Brothers, the investment ba...
Online readers weren’t paying anything for newspapers’ reporting on the web, while a weekly, year-round home-delivery subscription could cost more than $700.
To editors who were brought up on journalistic ethics and knew all too well how costly it was to fund original reporting, the ascendance of bootleggers was beyond galling. I remember my own horror in...
Head of an industry watchdog group, as deputy undersecretary of education, and when the market closed that day, an index of education company stocks had dropped almost seven points.
At the Post, Weymouth recalled the horror of seeing her paper’s special section for classified job ads, which usually netted $100-plus million, go from the size of a small phone book to barely a wisp.
When Graham came back to him with what he thought was a fair selling price Bezos did not blink. With a $25.2 billion personal fortune, the purchase represented 1 percent of his net worth, a rounding e...
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