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Big hurt: Washington Post's struggle
Media Life Magazine ^ | 3/17/06 | Barton Biggs

Posted on 03/17/2006 9:54:14 PM PST by LdSentinal

It’s the plight of so many American newspapers: declining circulation, flat or declining advertising revenues, rising newsprint costs. But it's a plight that seems to be hurting The Washington Post more.

The Post announced just a week ago that it would be eliminating some 80 newsroom positions over the next year. That’s close to 10 percent of its reporters and editors.

In some ways, the move isn’t really a surprise. Cuts and layoffs are increasingly common elsewhere. Not a week goes by that some paper somewhere in America isn't announcing yet another round of newsroom cuts.

What's significant is who’s making the cuts. The Post is one of America’s most celebrated newspapers, a Pulitzer Prize winner times over, and also among the best-managed. Which raises the question: If one of America top papers is suffering so, what does it say for the future of all the rest?

Post management is downplaying the staffing cuts, pointing out that they will come through attrition and buyouts, not layoffs. They also insist that the Post is in better shape financially than many papers. It's positioning the cuts as part of a larger plan that will actually improve overall news coverage.

But the paper’s publisher is candid about the financial realities.

"During the past year newspaper revenues have flattened while expenses--particularly newsprint--have continued to rise," Boisfeuillet Jones Jr. wrote in an internal memo to staff.

The Post will not reveal circulation and ad revenue figures to Media Life, but data available elsewhere paints an alarming picture. Ad revenue is up just slightly over the past five years, to $783.5 million last year from $770.6 million in 2000, according to TNS Media Intelligence.

But 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.

Another, as Morton points out, is that the Post has enjoyed a deeper household penetration in its market. So as the city and the region change, as the ethnic mix shifts, the paper faces even greater challenges in maintaining those penetration levels.

Too, the Post faces increasing competition, and not just from the internet. It now competes against two other dailies, the Washington Times and now the Washington Examiner. There are then a whole slew of free papers and magazines.

“Big city newspapers are feeling it more because there are more choices in big cities,” says Morton. “There’s an awful lot of competition.”

It’s still unclear how much the new, free, Washington Examiner is cutting into the Post’s readership. But Morton says that anytime you get a new entry into the market it’s bound to increase the pressure.

Post management insists they will not cave into the pressures by compromising their high editorial standards, or allowing the overall quality of the paper to decline. But, if there’s a lesson in the Post’s woes, it’s that quality does not neccessarily hold the key to salvation.

It certainly doesn't hold the key to halting the Post’s declining circulation numbers.

So, how low could they eventually go? “I don’t have a clue,” Morton says. “And neither does anyone else.”


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: circulation; liberal; liberalmedia; media; newspapers; nomentionoflibbias; washingtonpost; wp
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1 posted on 03/17/2006 9:54:18 PM PST by LdSentinal
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To: LdSentinal

This is good news on this forum! Thanks for posting it. May the circulation and finances of the Washington Compost continue to decline at an accelerating rate.


2 posted on 03/17/2006 9:59:01 PM PST by zot (GWB -- four more years!)
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To: LdSentinal

In the words of Michael Jackson, "Tito, bring me a tissue."


3 posted on 03/17/2006 9:59:47 PM PST by Howlin ("It doesn't have a policy. It doesn't need to have a policy. What's the point of a Democratic policy)
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To: Howlin

I like 1-800-bite-me

The NYT.,Washington Post etc. are learning their lessons---the HARD way!!!


4 posted on 03/17/2006 10:03:17 PM PST by sissyjane (Don't be stuck on stupid!)
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To: LdSentinal
Hollywood AND Newspapers?

Gee, I wonder what the common denominator could be?

I wonder......
5 posted on 03/17/2006 10:04:39 PM PST by roses of sharon
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To: LdSentinal; Howlin

Tune this baby up for a rendition of "Cry Me A River"


6 posted on 03/17/2006 10:07:51 PM PST by NautiNurse
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To: LdSentinal

Dang! I'm sssssoooo broken up. NOT!


7 posted on 03/17/2006 10:15:10 PM PST by lilylangtree
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To: roses of sharon

Yes, but not a word in the article about the possibility of bias being a factor.


8 posted on 03/17/2006 10:20:32 PM PST by Draco
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To: LdSentinal

So....if a poll on President Bush is reported in the Washington Post.....does anyone read it? (Kinda like, if a tree falls in the forest, does anyone hear it.....)


9 posted on 03/17/2006 10:21:05 PM PST by goodnesswins ( "the left can only take power through deception." (and it seems Hillary & Company are the masters)
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To: goodnesswins

Nah.....I don't think so.

I just LOVE reading the decline.......

Think they'll ever get a clue?


10 posted on 03/17/2006 10:34:18 PM PST by Shortstop7
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To: LdSentinal

, as the ethnic mix shifts
&&&&&&&&&&&&&&

Translation: Those who can or can not read.


11 posted on 03/17/2006 10:37:06 PM PST by wintertime (Good ideas win! Why? Because people are not stupid.)
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To: LdSentinal

The old media is dead, long live the new media.


12 posted on 03/17/2006 10:38:35 PM PST by Ursus arctos horribilis
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To: LdSentinal

Thanks anyway. I prefer the Weekly Standard or the Wall St. Journal.


13 posted on 03/17/2006 10:41:39 PM PST by Just Lori (To everything, there is a season.........Ecclesiastes, 3:1-8)
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To: LdSentinal
So, how low could they eventually go? “I don’t have a clue,” Morton says. “And neither does anyone else.”

I know......

Try ZERO!!!....hehehehe....lol

14 posted on 03/17/2006 10:45:17 PM PST by glasseye
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To: LdSentinal

sure couldn't have anything to do with content, could it ?


15 posted on 03/17/2006 10:47:51 PM PST by EDINVA
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To: LdSentinal; Liz; Grampa Dave
And there are several reasons for it.

Say hello to Reason #4.

16 posted on 03/17/2006 10:50:30 PM PST by martin_fierro (< |:)~)
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To: LdSentinal

"But, if there’s a lesson in the Post’s woes, it’s that quality does not neccessarily hold the key to salvation."

Honesty and integrity you traitorous fools.....honesty and integrity!!!


17 posted on 03/17/2006 10:51:11 PM PST by Gator113
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To: Draco

Not a word about bias being a factor.

Does anyone have comparable information about the Washington Times. That information would help determine if the primary factor is the Post's liberal bias, vs. the general changes in the industry. They must really be hit hard by free advertising in Craigs List among other factors.


18 posted on 03/17/2006 11:10:36 PM PST by gleeaikin (Question Authority)
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To: LdSentinal

Maybe if the Post didn't support the Democrat agenda, some like me who live in the DC area might get a subscription.


Now some good news! Anyone who hasn't read the Washington Times should check it out.

Times circulation climbs to buck trend

http://www.washtimes.com/business/20050518-120247-7729r.htm


19 posted on 03/17/2006 11:19:47 PM PST by TheLion
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To: gleeaikin

See my post #19. The Times total circulation is not a 10th of the Posts....but is growing.


20 posted on 03/17/2006 11:21:50 PM PST by TheLion
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To: LdSentinal
"Post management insists they will not cave into the pressures by compromising their high editorial standards, or allowing the overall quality of the paper to decline."

Well then, I sincerely hope that the Post and the Pulitzer committee are very happy together.

The only value I see in the Post is that they are a pretty good "ear" into what the subversive socialists are up to.

21 posted on 03/17/2006 11:33:02 PM PST by nightdriver
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To: LdSentinal
It’s the plight of so many American newspapers:

You mean, for LIBERAL newspapers. Good riddance.

22 posted on 03/17/2006 11:49:39 PM PST by taxesareforever (Government is running amuck)
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To: LdSentinal

The Washington Post was founded in 1877 by Stilson Hutchins. That's 130 years of continuously screwed up news.


23 posted on 03/17/2006 11:54:54 PM PST by Once-Ler (Principled conservatives don't vote for $trillion budgets and blame Dubya for signing them.)
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To: LdSentinal

"it would be eliminating some 80 newsroom positions over the next year. That’s close to 10 percent of its reporters and editors."

80 down, 720 to go.


24 posted on 03/17/2006 11:56:32 PM PST by Lancer_N3502A
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To: martin_fierro
Richard Cohen should have been replaced by Mark Steyn many years ago.

In fairness to the Post, I will point out that the paper prints Charles Krauthammer and George Will. I think it is a better paper than the NY Times, but these days that isn't saying much.

25 posted on 03/18/2006 12:32:16 AM PST by TChad
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To: LdSentinal

We're all so sad.


26 posted on 03/18/2006 1:17:53 AM PST by garylmoore (Homosexuality: Obviously unnatural, so obviously wrong.)
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To: zot

After its inexorably end, the Washington Post will be best remembered as an enemy of internet free speech and as a victim of that same new press.


27 posted on 03/18/2006 1:23:02 AM PST by Mojave
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To: LdSentinal

"The Post announced just a week ago that it would be eliminating some 80 newsroom positions over the next year. That’s close to 10 percent of its reporters and editors."

Cue "The End" by The Doors.

Burn, baby, BURN.


28 posted on 03/18/2006 1:39:24 AM PST by Emmet Fitzhume (Democrats need adult supervision at all times.)
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To: LdSentinal

We used to subscribe to the wash post while we were training our dogs.

The only newspaper worse that WP is the NYT.


29 posted on 03/18/2006 1:44:30 AM PST by RexFamilia
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To: LdSentinal

At the same time the Wash.Post has lost 17 percent of its former corculation, I'd like to know what the circulation of the Wash. Times has been for the same time frame.
Times is a more conservative paper that used to be a joke but has become much more relevent.


30 posted on 03/18/2006 2:22:25 AM PST by Joe Boucher (an enemy of islam)
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To: Draco

Agenda driven "news" just isn't selling anymore.
Are folks getting smarter or is the old media just that bad?


31 posted on 03/18/2006 2:24:48 AM PST by Joe Boucher (an enemy of islam)
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To: LdSentinal

32 posted on 03/18/2006 2:42:16 AM PST by Jay Howard Smith (Retired(25yrs)Military)
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To: Jay Howard Smith

Heh..

33 posted on 03/18/2006 3:18:51 AM PST by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: LdSentinal

DINOSAUR MEDIA EXTINCTION ALERT!!


34 posted on 03/18/2006 3:23:12 AM PST by abb (Because News Reporting is too important to be left to the Journalists.)
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To: LdSentinal
The Post announced just a week ago that it would be eliminating some 80 newsroom positions over the next year.

What about their healthcare? What about the children? /s

35 posted on 03/18/2006 3:33:06 AM PST by csvset
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To: LdSentinal
Post management insists they will not cave into the pressures by compromising their high editorial standards, or allowing the overall quality of the paper to decline

They still don't get it... "Pay no attention to that man behind the curtain!"

36 posted on 03/18/2006 3:39:31 AM PST by cbkaty (I may not always post...but I am always here......)
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To: LdSentinal
Some good folks here at Free Republic were pointing out how inflated the Washington Post stock really is. It is amazing - so many liberals and groups have so much money invested in its success, but the stock in the biggest glass house on the planet.

If there is a true correction, it will be the big media equivalent of the Enron scandal.

The MSM better sleep lightly.

37 posted on 03/18/2006 3:42:45 AM PST by SkyPilot
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To: Grampa Dave

Ping to Grampa Dave - you know more about this than I do sir.

38 posted on 03/18/2006 3:45:34 AM PST by SkyPilot
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To: NautiNurse

Too big.


39 posted on 03/18/2006 3:49:48 AM PST by Lazamataz (THE FUTURE IS NOW!!!!)
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To: TheLion

It's true. The Times home delivery business is expanding. You can get 6 days a week for $30 a year. That's the precsription I have. People are getting sick of the Washington Compost.


40 posted on 03/18/2006 3:51:45 AM PST by DarthVader (Conservatives aren't always right , but Liberals are almost always wrong.)
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To: LdSentinal

Aarrghh... once again, not a mention of the other huge factor involved.

I'll say my spiel one more time:

I live in Westchester County, NY. My local newspaper is The Journal News, a very typical, ridiculously liberal DNC house organ.

I'm a 44-year-old white, middle/high-income consumer. I have a wife, and a daughter, who is in the local school system. I own a house, two cars, and am involved in local politics and activities. I am a voracious reader, and grew up with newspapers in the household every day of my life.

I am their perfect target customer.

I want very much to have my local newspaper delivered to my door every morning, if only for the local news, local sports, classifieds, etc. I would read all 4 sections daily, and peruse their advertising.

But I cannot because I REFUSE TO GIVE THEM ONE RED CENT FOR THEIR RELENTLESS BIAS AND HATRED FOR EVERYTHING CONSERVATIVE OR REPUBLICAN. PERIOD.

How these folks think they can succeed by repelling half their potential readership, I don't know...


41 posted on 03/18/2006 3:51:45 AM PST by Jhensy
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To: LdSentinal
It is supply and demand.

As liberals decrease in number across the nation (due to abortion and low birthrates), liberal media outlets have fewer potential customers.

As conservatives grow in number (biological growth especially) conservative media outlets (think FoxNews, much of talk radio, conservative blogs and conservative newspapers will prosper.

There are simply more liberal media outlets than the market can bear, and they are dying. The nation will be better off without CBSNBCABCCNNMSNBC, the New York Slimes and Washington comPost.

42 posted on 03/18/2006 3:56:07 AM PST by twntaipan (Liberals: Eternally stuck on stupid.)
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To: LdSentinal

Funny how the editorial page can drive down circulation and raise costs.

Fight to 'save the trees', and the cost of newsprint goes up.

Fight to save the red cockeaded woodpecker in southern forests and the cost of newsprint goes up.

Advocate for illegal aliens, (who can't read english) and circulation goes down.

Fight against accountability in the schools and the number of those able to read newspapers goes down.

Fight against school vouchers, more kids who can't read, circulation goes down.

To bad WaPo, you reap what you sow.


43 posted on 03/18/2006 4:00:08 AM PST by TC Rider (The United States Constitution © 1791. All Rights Reserved.)
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To: NautiNurse

Mine plays "My heart pumps piss for the Washington Post".

44 posted on 03/18/2006 4:01:54 AM PST by TC Rider (The United States Constitution © 1791. All Rights Reserved.)
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To: twntaipan
The Post announced just a week ago that it would be eliminating some 80 newsroom positions over the next year. That’s close to 10 percent of its reporters and editors.

They got rid of a all the conservatives years ago and have now gathered all the libs with conservative relatives just to be sure they're vetted thoroughly.

45 posted on 03/18/2006 4:03:33 AM PST by Bassfan
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To: LdSentinal
So as the city and the region change, as the ethnic mix shifts, the paper faces even greater challenges in maintaining those penetration levels.

Look for outreach into the vast, illegal-alien diaspora and edgier 'journalism' that matches up better with The Daily Kos, DU and Democracy Now.

46 posted on 03/18/2006 4:07:54 AM PST by johnny7 (“Iuventus stultorum magister”)
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To: csvset
What about their healthcare? What about the children?

It'll hurt the blacks worst of all! /s

47 posted on 03/18/2006 4:11:41 AM PST by johnny7 (“Iuventus stultorum magister”)
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To: LdSentinal
So, how low could they eventually go?

Like all liberals, there is no bottom.

48 posted on 03/18/2006 4:22:53 AM PST by Raycpa
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To: martin_fierro

Reason #4-----hello. Or should we say goodbye?


49 posted on 03/18/2006 4:32:46 AM PST by Liz (Liberty consists in having the power to do that which is permitted by the law. Cicero)
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To: LdSentinal
The sound you hear is crickets.

No one cares, period

50 posted on 03/18/2006 4:51:50 AM PST by muir_redwoods (Free Sirhan Sirhan, after all, the bastard who killed Mary Jo Kopechne is walking around free)
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