The Washington Post was already in financial trouble even before the recent boycott movement that erupted against the paper.
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.