Washington Post is struggling
Boo-hoo, the Washington Post is struggling. They’re having trouble making ends meet, their circulation is in the dumps, and they’re being squeezed by their competition. Not only is the Washington Post in trouble, but other newspapers are having deep difficulties as well. According to Media Life:
Circulation has tumbled, falling by 137,695 for the weekday paper in the past decade, from 816,474 for the year ended Sept. 30, 1995 to 678,779 for the six-month period ended Oct. 2, 2005. That’s a decline of 17 percent. That’s according to numbers from the Audit Bureau of Circulations, the latter of which has not been audited yet and is based on publisher statements.
If the Post must struggle to hold onto readers, other papers must be in real trouble, or so it would seem.
Analyst John Morton says what the Post is experiencing is in some ways typical, the result of online publications taking a bigger bite out of print newspapers. He does not see that changing.
“Generally speaking, their circulation will continue to decline,” Morton said yesterday. “I don’t know that there’s any solution.”
What makes the Post unusual is that its circulation is sinking faster than that of many other newspapers around the country.
And there are several reasons for it. One is sheer size. With such a huge circulation, among the largest in the country, the Post’s subscriber losses will be that much greater in total numbers.
Hey, you big morons! The real reason that the Washington Post is sinking faster than that of many other newspapers is because it’s nothing more than a talking points page for the radical left. We have talk radio and the internet now and you idiots no longer have a monopoly on telling us what’s going on in the world.
In other good news, Michelle is reporting that The New York Times is in trouble. They’re credit rating is under watch, according to Business Week Online. Why? It’s over-leveraged, has deteriorating operating margins and a weak cash flow.Oh, and crappy reporting falls in there somewhere, too.
Other newspapers, like the Dallas Morning News, have been experiencing serious readership declines, too. They’ve had to lay off people after being caught lying about their circulation numbers, which in turn reduced advertisement fees: According to American Journalism Review:
The top executives continue to refer to what happened last fall as a reduction in force. People in the newsroom call it getting fired. The contrasting language barely hints at the bitterness and depth of alienation since October 27, the day the ax finally fell.
On that day, the Morning News dismissed about 150 workers, including 65 in the newsroom—just more than 10 percent of the paper’s journalists. The cuts included people with 20 and 30 years’ service, people held in extremely high regard by their colleagues, people who had recently won prizes and gotten pay raises and glowing performance reviews from their bosses, and then were suddenly sacked.
The News has been a wounded institution since that day. The staff is as angry and sad as any I have ever seen. Many people have told me that upper management was less than honest about the reasons for the layoffs. It is widely believed that office politics played a role. “They got rid of a number of people who were very outspoken,” one reporter says, echoing the sentiments of many.
Of course, the big dopes at the Dallas Morning News still don’t have a clue that it’s their shoddy journalism that’s losing readers. The Dallas-Ft. Worth area is one of the fasting growing regions in the country but the News can’t sell papers here because it’s so out of touch with reality.
The Dinosaur Media will never understand why they’re headed to extinction.
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