▲ 364 ▼ Morale plummets inside The Washington Post as staffers express alarm over publisher’s attempts to squash story (www.cnn.com) submitted 2 years ago by btaf45@lemmy.world to c/news@lemmy.world 20 comments fedilink hide all child comments
[–] casmael@lemm.ee 35 points 2 years ago (5 children) Is this the one Bezos owns? permalink fedilink source hideshow 10 child comments replies: [–] nulluser@programming.dev 44 points 2 years ago (1 child) How Lewis cleans up this mammoth of a mess that he has created for himself remains to be seen. Can he do it? One wonders what Jeff Bezos, the billionaire owner of The Post, who must be growing quite tired of constantly seeing his newspaper ensnared in controversy, thinks of the situation. Inside the newsroom, though, the sentiment is plain as day. “He’s really losing the newsroom on a large scale,” a staffer said, sizing up the state of affairs. “People don’t trust him, don’t believe he has the same values and ethics as our journalists and there are major concerns of how far he would go to censor or shut down coverage.” permalink fedilink source parent hideshow 2 child comments replies: [–] casmael@lemm.ee 15 points 2 years ago Oh look I failed the comprehension exam ☹️ permalink fedilink source parent [–] tal@lemmy.today 14 points 2 years ago* (2 children) Yeah. Though...reading the numbers, it sounds like it was a pretty bad buy. https://en.wikipedia.org/wiki/The_Washington_Post In October 2013, the Graham family sold the newspaper to Nash Holdings, a holding company owned by Jeff Bezos, for $250 million.[7] https://www.nytimes.com/2023/07/22/business/media/jeff-bezos-washington-post.html The Post is on a pace to lose about $100 million in 2023, according to two people with knowledge of the company’s finances That's a pretty large amount of money to be losing each year relative to the value of the company. permalink fedilink source parent hideshow 4 child comments replies: [–] solrize@lemmy.world 19 points 2 years ago (1 child) You could think of it as an expenditure (to control or at least steer the wider media narrative about news events) rather than a loss. $100/M for that is a pretty good deal, and quite affordable if you are Bezos. permalink fedilink source parent hideshow 2 child comments replies: [–] Riccosuave@lemmy.world 8 points 2 years ago It is quite literally about 24 hours worth of income for ol' Jeff B. permalink fedilink source parent [–] ChicoSuave@lemmy.world 4 points 2 years ago 100 million a year for someone who has hundreds of billions. Yeah, he probably doesn't mind. permalink fedilink source parent [–] circuscritic@lemmy.ca 9 points 2 years ago* (last edited 2 years ago) Yes, and his appointment was a clear signal that certain parties had ideas on how WaPo could better align with their interests. Which is why this is so amusing. His baggage was a big reason why he was hired, and they had to know it would come out. No reason not to weather the storm and just communicate via friendly interviews and strategically placed PR/leaks. Lol. Nope. Instead he said, "Nah, I got this. Hold my silver spoon tooter." permalink fedilink source parent [–] homesweethomeMrL@lemmy.world 3 points 2 years ago Mmhmm permalink fedilink source parent [–] capital@lemmy.world -1 points 2 years ago (1 child) Y’all are allergic to reading the article before commenting hu. permalink fedilink source parent hideshow 2 child comments replies: [–] casmael@lemm.ee 3 points 2 years ago I’m allergic to reading :,( permalink fedilink source parent
[–] nulluser@programming.dev 44 points 2 years ago (1 child) How Lewis cleans up this mammoth of a mess that he has created for himself remains to be seen. Can he do it? One wonders what Jeff Bezos, the billionaire owner of The Post, who must be growing quite tired of constantly seeing his newspaper ensnared in controversy, thinks of the situation. Inside the newsroom, though, the sentiment is plain as day. “He’s really losing the newsroom on a large scale,” a staffer said, sizing up the state of affairs. “People don’t trust him, don’t believe he has the same values and ethics as our journalists and there are major concerns of how far he would go to censor or shut down coverage.” permalink fedilink source parent hideshow 2 child comments replies: [–] casmael@lemm.ee 15 points 2 years ago Oh look I failed the comprehension exam ☹️ permalink fedilink source parent
[–] casmael@lemm.ee 15 points 2 years ago Oh look I failed the comprehension exam ☹️ permalink fedilink source parent
[–] tal@lemmy.today 14 points 2 years ago* (2 children) Yeah. Though...reading the numbers, it sounds like it was a pretty bad buy. https://en.wikipedia.org/wiki/The_Washington_Post In October 2013, the Graham family sold the newspaper to Nash Holdings, a holding company owned by Jeff Bezos, for $250 million.[7] https://www.nytimes.com/2023/07/22/business/media/jeff-bezos-washington-post.html The Post is on a pace to lose about $100 million in 2023, according to two people with knowledge of the company’s finances That's a pretty large amount of money to be losing each year relative to the value of the company. permalink fedilink source parent hideshow 4 child comments replies: [–] solrize@lemmy.world 19 points 2 years ago (1 child) You could think of it as an expenditure (to control or at least steer the wider media narrative about news events) rather than a loss. $100/M for that is a pretty good deal, and quite affordable if you are Bezos. permalink fedilink source parent hideshow 2 child comments replies: [–] Riccosuave@lemmy.world 8 points 2 years ago It is quite literally about 24 hours worth of income for ol' Jeff B. permalink fedilink source parent [–] ChicoSuave@lemmy.world 4 points 2 years ago 100 million a year for someone who has hundreds of billions. Yeah, he probably doesn't mind. permalink fedilink source parent
[–] solrize@lemmy.world 19 points 2 years ago (1 child) You could think of it as an expenditure (to control or at least steer the wider media narrative about news events) rather than a loss. $100/M for that is a pretty good deal, and quite affordable if you are Bezos. permalink fedilink source parent hideshow 2 child comments replies: [–] Riccosuave@lemmy.world 8 points 2 years ago It is quite literally about 24 hours worth of income for ol' Jeff B. permalink fedilink source parent
[–] Riccosuave@lemmy.world 8 points 2 years ago It is quite literally about 24 hours worth of income for ol' Jeff B. permalink fedilink source parent
[–] ChicoSuave@lemmy.world 4 points 2 years ago 100 million a year for someone who has hundreds of billions. Yeah, he probably doesn't mind. permalink fedilink source parent
[–] circuscritic@lemmy.ca 9 points 2 years ago* (last edited 2 years ago) Yes, and his appointment was a clear signal that certain parties had ideas on how WaPo could better align with their interests. Which is why this is so amusing. His baggage was a big reason why he was hired, and they had to know it would come out. No reason not to weather the storm and just communicate via friendly interviews and strategically placed PR/leaks. Lol. Nope. Instead he said, "Nah, I got this. Hold my silver spoon tooter." permalink fedilink source parent
[–] capital@lemmy.world -1 points 2 years ago (1 child) Y’all are allergic to reading the article before commenting hu. permalink fedilink source parent hideshow 2 child comments replies: [–] casmael@lemm.ee 3 points 2 years ago I’m allergic to reading :,( permalink fedilink source parent
[–] casmael@lemm.ee 3 points 2 years ago I’m allergic to reading :,( permalink fedilink source parent