Monday, June 2, 2025
20.1 C
London

Washington Post loses 500,000 subscribers with less Trump news

- Advertisement -

The Washington Post saw an exodus of 500,000 subscribers in the two years that Donald Trump no longer held office as President.

According to a Washington Times report the newspaper’s subscription base dropped from three million to around 2.5 million since January 2021, which is about a 20% decline.

The New York Times also reported in August that the Washington Post would lose money this year and its digital advertising revenue fell about $70 million, some 15% in the first half of 2021.

At the same time, the Post also announced that it was canceling its Sunday print edition and retrenching 10 employees.

- Advertisement -

Read More News From The Independent

Donald Trump’s daughter gets married to Lebanese billionaire heir

Many say that its not just poor economic conditions but also the loss of the headline-grabbing presidency of Donald Trump. In fact Trump himself said in 2017 that “Newspapers, television, all forms of media will tank if I’m not there, because without me, their ratings are going down the tubes.”

A reporter from Washington Post Paul Farhi said, “Barely two months into the post-Trump era, news outlets are indeed losing much of the audience and readership they gained during his chaotic presidency. In other words, journalism’s Trump bump may be giving way to a slump.”

- Advertisement -

Washington Post leads in losses

Other news companies have also seen layoffs this year including CNN, BuzzFeed, Gannett, Vice News and Vox Media. In fact in November CNN started laying off hundreds of workers in several areas of the company though the exact number is unclear, according to a report in the Guardian.

This included the retrenchment of senior staff as well as the company said that it was shifting its approach to hiring “paid contributors”.

CNN Chief executive officer Chris Licht said there were widespread concerns over the global economic outlook affecting long-term planning. In a memo to its employees Licht had said that layoffs “are necessary and will make us stronger and better positioned to place big bets going forward without fear of failure.”

This is the second round of layoffs for CNN in a year. The company also recently shelved its $100m streaming platform CNN+ just three weeks after it started, impacting 350 employees.

- Advertisement -

Hot this week

Kate Middleton expecting twins, according to reports

According to news on the Internet, the Duchess of...

Is BTS’s Taehyung colour blind?

The rumour mill online has been speculating that Korean...

Hurley wore ‘the dress’ after being snubbed by top fashion designers

Model Liz Hurley became famous after wearing "the dress"...

Hyun Bin taking legal action against rumours involving Son Ye Jin

While the hottest K-drama screening on-air is undoubtedly Crash...

HK protesters call for boycott of Ip Man 4: The Finale

Hong Kong -- The final instalment of the Ip...

Dynasty or Democracy? Nurul Izzah’s Comeback Sparks Uproar in PKR as Rafizi Cries Foul

Anwar Ibrahim is renowned for his out-of-the-box thinking, which...

ChatGPT at two — and OpenAI’s vision for the future

Two years after OpenAI launched ChatGPT, the groundbreaking AI...

Vertical Institute Unveils Generative AI Course to Meet Growing Demand for Digital Proficiency

The future of work is undeniably intertwined with artificial...

Jimmy Carter: The Nobel US president who lived to be 100

Jimmy Carter, the peanut farmer who became the 39th...

Manmohan Singh: The leader who transformed India

Manmohan Singh's story is one of remarkable transformation, both...

Why AI ‘hallucinates’: What’s missing in the models

The American writer Richard Powers' latest novel, Playground, delves...

Challenging job market diminishes appeal of postgraduate studies in China

China is seeing a significant decline in postgraduate entrance...

Related Articles

Popular Categories

spot_img