"I was just laid off by The Washington Post in the middle of a warzone. I have no words. I'm devastated," Ukraine correspondent Lizzie Johnson wrote on X, formerly known as Twitter.
Jeff Bezos has so many billions he and generations of his dependents will never, ever, be able to spend. He could easily drop a couple in a trust and the Washington Post would be funded for life and he would never feel it. None of this is about money.
Well assuming they kept their subscribers and or ads. From what I can calculate WaPo has an operating cost of like $574M for 2024, so without that revenue they would burn through 2B in less than 4 years.
Even at current 2024 losses of 100M, they would still go through it in less than 40 years. I can’t believe a newspaper makes almost a half billion dollars in revenue to be honest.
Jeff Bezos has so many billions he and generations of his dependents will never, ever, be able to spend. He could easily drop a couple in a trust and the Washington Post would be funded for life and he would never feel it. None of this is about money.
Well assuming they kept their subscribers and or ads. From what I can calculate WaPo has an operating cost of like $574M for 2024, so without that revenue they would burn through 2B in less than 4 years.
Even at current 2024 losses of 100M, they would still go through it in less than 40 years. I can’t believe a newspaper makes almost a half billion dollars in revenue to be honest.