John Nolte at Breitbart News reports that the far-left propaganda rag called the Washington Post is on pace to lose $100 million this year, just ten years after Amazon founder Jeff Bezos purchased the Post for $250 million.
In addition, the Post has lost around 500,000 subscribers since 2020.
The New York Times itself reports:
The Post is on a pace to lose about $100 million in 2023, according to two people with knowledge of the company’s finances; two other people briefed on the situation said the company was expecting to miss its forecasts for ad revenue this year. They spoke on the condition of anonymity to discuss internal financial matters. The Post has struggled to increase the number of its paying customers since the 2020 election, when its digital subscriptions peaked at three million. It now has around 2.5 million.
The Times cites various reasons for the Post’s demise, but not, as Nolte notes, one of the following:
Russia Collusion Hoax
Hands Up, Don’t Shoot Hoax
Jussie Smollett Hoax
Covington KKKids Hoax
Very Fine People Hoax
Seven-Hour Gap Hoax
Global Warming Hoax
Russian Bounties Hoax
Trump Trashes Troops Hoax
Policemen Killed at Mostly Peaceful January 6 Protest Hoax
Eating While Black Hoax
Border Agents Whipping Illegals Hoax
NASCAR Noose Hoax
The Georgia Jim Crow 2.0 Hoax
Trump Assaulted Secret Service Agents and Grabbed Steering Wheel of Beast Hoax
MAGA Assaulted Paul Pelosi Hoax
COVID Lab Leak Theory Is Racist Hoax
Hunter Biden’s Laptop Is Russian Disinformation Hoax
Joe Biden Will Never Ban Gas Stoves Hoax
COVID Deaths are Over-Counted Is a Conspiracy Theory Hoax
“Why would anyone pay for the Washington Post when MSNBC, CNN, Politico, and NPR will mislead and lie to you for free? Why would leftists pay to be told only what they want to hear in their velvet-lined, left-wing echo chamber when MSNBC, CNN, Politico, and NPR will do it for free?” Nolte concludes.