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panarky | 25 days ago
Now the Post is down to ~2 million paid subscribers and 500 newsroom staff.
I don't think the Post was known as a slanted project for "the political opposition" during red or blue administrations, but it's got that reputation now.
My claim is that this new slant is responsible for the bulk of the paper's loss of paid subscribers. There's a market for rigorous, fact-checked reporting. Degrading that makes the business worse, not better.
tptacek|25 days ago
panarky|25 days ago
There are some good regional examples that show people will still pay enough for rigorous, old-school, fact-checked journalism to make it sustainable.
Minneapolis Star Tribune: ~200 newsroom staff, roughly $220M annual revenue, solidly profitable, seven Pulitzers.
Seattle Times: ~600 employees (not sure how many in the newsroom), marginally profitable after paying legacy pension obligations, nine Pulitzers.
Guardian US: ~110 editorial staff in the US, no subscribers but ~270,000 recurring and ~170,000 annual one-time donations, one Pulitzer but maybe that one should be shared with Snowden.
404media: tiny, 5 people, but solid investigative journalism, national distribution, and some pretty impressive scoops, and it makes a profit from subscriptions.