The Washington Post, famous for breaking the Watergate scandal that brought down Nixon’s presidency, is churning out top-quality journalism in the age of Trump. As an organization the Post is gaining readers, hiring journalists and scooping its competition.
As a private company since 2013, when the deep-pocketed Amazon founder Jeff Bezos bought it for $250 million, The Post doesn’t disclose much financial data. But by all visible measures, including the vital but hard-to-measure buzz factor, the resurrection of The Post, both editorially and financially, in less than four years has been little short of astonishing. The Post has said that it was profitable last year — and not through cost-cutting. On the contrary, under the newsroom leadership of Martin Baron, the former editor of The Boston Globe memorably portrayed in the film “Spotlight,” The Post has gone on a hiring spree. It has hired hundreds of reporters and editors and has more than tripled its technology staff.
Source: Washington Post, Breaking News, Is Also Breaking New Ground – The New York Times
Post was last modified on 22 May 2017 10:37 am
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