Shulou(Shulou.com)11/24 Report--

CTOnews.com, July 23 (Xinhua)-- the Washington Post (The Washington Post), which Amazon founder and billionaire Jeff Bezos bought in 2013 for $250 million (CTOnews.com Note: about 1.795 billion yuan), is expected to lose $100m in 2023, the New York Times reported.

The Washington Post is a famous national newspaper in the United States, but even with the support of a big shot like Bezos, it has failed to reverse its unpopularity among its readers. It is reported that the newspaper's digital subscriptions reached a peak of 3 million during the general election in 2020, but now it has dropped to around 2.5 million.

Bezos's interest in the paper lasted for some time in the first few years, but later "weakened", according to two people "familiar with Bezos's interaction with the newspaper". It wasn't until January that Sally Buzbee, the paper's new executive editor, talked to Bezos and sent an urgent message: morale was low. She said this was mainly due to the mistakes of Fred Ryan, the paper's chief business executive.

This year, Bezos made a "rare appearance in the newsroom" and attended a "morning news meeting". In addition, Bezos also "commented" on a new project in the newspaper's opinion section. The project, which has no official name yet, is exploring the establishment of a forum for readers across the United States to submit their views and comments.

In June, Fox News reported that Ryan had stepped down as chief executive of the newspaper, which was facing staff wastage and declining online subscriptions. 'The news of Ryan's departure is surprising, 'said a newspaper insider.' it's possible that Bezos drove him away and wanted to bring in young leadership.

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