Deterioration of the Washington Post’s subscriber base continued on Tuesday, hours after its proprietor, Jeff Bezos, defended the decision to forgo formally endorsing a presidential candidate as part of an effort to restore trust in the media.

The publication has now shed 250,000 subscribers, or 10% of the 2.5 million customers it had before the decision was made public on Friday, according to the NPR reporter David Folkenflik.

A day earlier, 200,000 had left according to the same outlet.

The numbers are based on the number of cancellation emails that have been sent out, according to a source at the paper, though the subscriber dashboard is no longer viewable to employees.

MBFC
Archive

  • mercano@lemmy.world
    link
    fedilink
    arrow-up
    13
    ·
    16 days ago

    So not only do they loose the direct revenue from the subscribers, but because the readership has fallen significantly & publicly, advertisement revenue is going to fall, too, as the advertisers know the paper isn’t reaching as many readers.