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Jeff Bezos' Washington Post is on Pace to Lose $100 Million in Just a Year
Daily Caller News Foundation ^ | July 22, 2023 | Jason Cohen

Posted on 07/22/2023 8:22:52 PM PDT by chickenlips

Amazon founder Jeff Bezos’ The Washington Post is projected to lose around $100 million in 2023, two individuals familiar with the Post’s finances told The New York Times.

Additionally, two other individuals briefed on the matter disclosed that the Post is projected to fall short of anticipated advertising revenue for 2023, according to the NYT. The Post has faced challenges in expanding its paid customer base since the 2020 election when it reached a peak of 3 million digital subscriptions compared to about 2.5 million now.

(Excerpt) Read more at dailycaller.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events; US: District of Columbia
KEYWORDS: amazon; bezos; jeffbezos; loss; media; msm; post; wapo; washingtoncompost; washingtonpost
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I know, you're heartbroken. /s
1 posted on 07/22/2023 8:22:52 PM PDT by chickenlips
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To: chickenlips

Headed for the compost heap of history.


2 posted on 07/22/2023 8:25:52 PM PDT by lightman (I am a binary Trinitarian. Deal with it!)
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To: chickenlips

He made way more than that pushing Covid hysteria making his online store used much more than before the Covid hysteria and closures of actual in person businesses.


3 posted on 07/22/2023 8:26:18 PM PDT by ifinnegan (Democrats kill babies and harvest their organs to sell)
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To: chickenlips

Dang, Bezos could have sent 100 people to the edge of space for 3 minutes for that money!


4 posted on 07/22/2023 8:27:18 PM PDT by monkeyshine (live and let live is dead)
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To: chickenlips

Who does this guy think he is, Disney?

CC


5 posted on 07/22/2023 8:28:46 PM PDT by Celtic Conservative (My cats are more amusing than 200 channels worth of TV.)
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To: chickenlips

Democrat LEFT WING RAG.


6 posted on 07/22/2023 8:28:53 PM PDT by Pearfect
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To: chickenlips

$100 mil is a rounding error for Bezos.


7 posted on 07/22/2023 8:32:51 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: ifinnegan

Losing money is secondary to helping the cause. They are a weapon like CNN. The left will never let a single one of the media outlets fall into “enemy” hands. For years I had hoped just one of them would get purchased by someone other than a rat ally and it never ever happens.


8 posted on 07/22/2023 8:33:15 PM PDT by gibsonguy
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To: chickenlips

The modern day Charles Foster Kane, In ten years that will be some serious money. At this rate I will have to shut this paper down in about 300 years.


9 posted on 07/22/2023 8:34:29 PM PDT by Captain Peter Blood
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To: chickenlips

They’re woke. Half of America is not. If they want to do more business, they need to appeal to everyone rather than pushing an agenda.


10 posted on 07/22/2023 8:35:10 PM PDT by MinorityRepublican
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To: chickenlips

$100 million

800 people @ $125,000/year each


11 posted on 07/22/2023 8:35:14 PM PDT by Brian Griffin (ARTICLE I SECTION 2....The President...may require the opinion, in writing)
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To: chickenlips

Unfortunately the hypocrite Bezos at $100,000,000 lost per year can publish that America hating rag for another 30 years before he goes broke.


12 posted on 07/22/2023 8:36:11 PM PDT by allendale
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To: chickenlips

Jeff doesn’t need a Post, he needs a stake.


13 posted on 07/22/2023 8:37:48 PM PDT by Brian Griffin (ARTICLE I SECTION 2....The President...may require the opinion, in writing)
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To: chickenlips

It’s not about making money. It’s about being a powerful force controlling the narrative.

Bezos can afford 100 million a year telling the top people in politics what to think.


14 posted on 07/22/2023 8:39:07 PM PDT by Fido969 (45 is Superman! )
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To: chickenlips

Meh. 100 million isn’t THAT much to spend for advertising.


15 posted on 07/22/2023 8:41:50 PM PDT by dangus
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To: Fido969

If Bezos weren’t there....it’d be someone else. It’s purely about influence and driving a story in a particular way. You can go through the top twenty newspapers left in America...they all lead back to a narrative design.


16 posted on 07/22/2023 8:42:57 PM PDT by pepsionice
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To: Fido969

All that can change quickly. Stop buying from Amazon. This too shall pass.


17 posted on 07/22/2023 8:43:43 PM PDT by Fungi
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To: chickenlips
"It can't get worse; don't ever say worse"

Bill Cosby

18 posted on 07/22/2023 8:43:53 PM PDT by vetvetdoug
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To: chickenlips

BS. It’s owned by the CIA. Bezos is just the bagman.


19 posted on 07/22/2023 8:44:15 PM PDT by E. Pluribus Unum (The worst thing about censorship is ████ █ ██████ ███████ ███ ██████ ██ ████████. FJB.)
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To: chickenlips

Voir Dire

How often do you read the Post?

....

Have you ever read any negative articles about Donald Trump?

....

Are you a paid subscriber?


20 posted on 07/22/2023 8:44:27 PM PDT by Brian Griffin (ARTICLE I SECTION 2....The President...may require the opinion, in writing)
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