Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • YouTube
  • Associate Journalism
  • About Us
  • Privacy Policy
  • 033-46046046
  • editor@artifex.news
Artifex.News

Artifex.News

Stay Connected. Stay Informed.

  • Breaking News
  • World
  • Nation
  • Sports
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Toggle search form
  • Those Involved In Phone-Tapping Will Be Sent To Jail, Warns Telangana Chief Minister Revanth Reddy
    Those Involved In Phone-Tapping Will Be Sent To Jail, Warns Telangana Chief Minister Revanth Reddy Nation
  • Former Pakistan PM Nawaz Sharif to reclaim PML-N presidency
    Former Pakistan PM Nawaz Sharif to reclaim PML-N presidency World
  • LIC Q3 net profit up 17% to ₹11,056 cr. on lower expenses, premium income 
    LIC Q3 net profit up 17% to ₹11,056 cr. on lower expenses, premium income  Business
  • All About The Indian-American Vote
    All About The Indian-American Vote World
  • Access Denied Sports
  • The Hindu Morning Digest – April 28, 2024
    The Hindu Morning Digest – April 28, 2024 World
  • Vijay Hazare Trophy – Hyderabad falls apart as Nabi, Vanshaj turn it around for J&K
    Vijay Hazare Trophy – Hyderabad falls apart as Nabi, Vanshaj turn it around for J&K Sports
  • Iran President says 14 million Iranians, including himself, have volunteered to sacrifice their lives in war
    Iran President says 14 million Iranians, including himself, have volunteered to sacrifice their lives in war World
Turbulence At Washington Post With Pressure For Profit From Jeff Bezos

Turbulence At Washington Post With Pressure For Profit From Jeff Bezos

Posted on June 29, 2024 By admin


The Post’s managing editor resigned while a boss has been targeted in the paper’s columns

New York:

The prestigious Washington Post is in crisis, with pressure on from owner Jeff Bezos to change its money-losing ways.

The Post’s managing editor abruptly resigned; a chosen successor withdrew under fire, and a boss has been targeted in the newspaper’s columns.

At the heart of the storm is “WaPo”‘s new CEO, Briton William Lewis, who was given a mission by Amazon founder Bezos when he appointed him last autumn.

Lewis was asked to turn around a newspaper that continues to pile up Pulitzer Prizes half a century after the Watergate scandal it instigated, but which has lost $77 million in 2023 despite job cuts and the disappearance of its Sunday supplement.

However, the former journalist, who made history in the late 2000s with a scoop on the expenses of British MPs when he was editor of the Daily Telegraph, is finding his position increasingly vulnerable.

For weeks now, revelations have multiplied about his role, when he was working for the Murdoch family’s conservative media group about 12 years ago, in a scandal of illegal phone tapping by the tabloid The News of the World.

On Friday, Lewis was at the center of an investigation by his own journalists.

According to the Washington Post, he gave the go-ahead in 2011 for the destruction of thousands of emails, fueling suspicions that he was destroying evidence, which he denies.

“Trump Bump”

As the US presidential election approaches, the affair is poisoning the atmosphere at a long-vaunted newspaper that is “not doing well economically,” Northeastern University journalism professor Dan Kennedy tells AFP.

The Post was among trusted news outlets that benefited from the upheaval that marked Trump’s four years in the White House which ended with his loss to President Joe Biden.

The Post “was seen as a place that offered really tough, truth-telling coverage” of Trump, according to the professor.

Trump’s departure from the White House meant fewer attention-grabbing stories to keep readers engaged.

“When Donald Trump left the White House, the Trump bump that helped a lot of newspapers disappeared,” Kennedy said.

“And the Post was hit especially hard.”

By the end of 2022, the Post would have 2.5 million subscribers compared with 3 million subscribers when Biden took office in early 2021, according to the Wall Street Journal.

Meanwhile, rival New York Times has grown to more than 10 million subscribers, the fruit of a strategy to diversify into fun topics such as games, food, and lifestyle while still serving up hard news.

US media quoted Lewis as telling editorial staff in early June that he “can’t sugarcoat it anymore” — the paper has lost a lot of money and people’s interest in its articles.

Third News Team

The day before that editorial meeting, Post journalists learned of the resignation of editor-in-chief Sally Buzbee.

Buzbee is said to have disagreed with Lewis’s strategy to split the editorial department into three divisions: news, opinion, and a new third unit devoted to social media and service journalism.

The contours of this “third newsroom” remain unclear, but it seems aimed at reviving readership in a leap into the unknown for the newspaper.

Within the Murdoch family group, Lewis was the boss of the Wall Street Journal (2014-2020), another flagship of the US press.

However, articles in the New York Times and the Post pointed to questionable methods employed under his watch and that of former colleague Robert Winnett, whom Lewis chose to replace Buzbee.

Published allegations include paying informants, using data from hacked phones, or intermediaries using phony identification to get information.

Winnett withdrew from consideration for the post following those revelations.

Professor Kennedy believes Lewis has no choice but to leave the Post because he has lost the confidence of the team there.

“The body is rejecting the transfusion,” Post veteran David Maraniss wrote on his Facebook page, adding he didn’t know anyone who thinks the situation can stand as it is.

“If he can’t inspire the staff (…) the Post will sail without direction and its best people will leave,” Kennedy said of Lewis.

For many observers, the outcome of the crisis lies in the hands of billionaire Bezos, who bought the Post for $250 million in 2013.

So far, Bezos has backed his CEO.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Waiting for response to load…



Source link

World Tags:jeff Bezos, Washington Post

Post navigation

Previous Post: Joe Biden Shares Stage With Elton John To Celebrate LGBTQ Milestone
Next Post: IND vs SA – Jasprit Bumrah’s Big Verdict On Rohit Sharma’s Captaincy, Says “In Previous World Cups…”

Related Posts

  • Russia Loses Bid To Regain Seat On UN Human Rights Council
    Russia Loses Bid To Regain Seat On UN Human Rights Council World
  • Explosions heard in Iran’s Qeshm island due to disposal of enemy ammunition
    Explosions heard in Iran’s Qeshm island due to disposal of enemy ammunition World
  • Former Philippines President Duterte fit for pre-trial hearings, ICC judges rule
    Former Philippines President Duterte fit for pre-trial hearings, ICC judges rule World
  • In NPP win, signs of inclusive and collaborative politics
    In NPP win, signs of inclusive and collaborative politics World
  • Rubio warns of Ukraine war ‘escalation’ risk
    Rubio warns of Ukraine war ‘escalation’ risk World
  • 80% of Gazans now displaced: UN humanitarian coordinator
    80% of Gazans now displaced: UN humanitarian coordinator World

More Related Articles

The latest talks on Gaza have ended with no breakthrough, officials say The latest talks on Gaza have ended with no breakthrough, officials say World
Russia claims troops have taken full control of Luhansk region in eastern Ukraine: reports Russia claims troops have taken full control of Luhansk region in eastern Ukraine: reports World
Donald Trump And Vladimir Putin Set To Meet For Ukraine Peace Talks Donald Trump And Vladimir Putin Set To Meet For Ukraine Peace Talks World
Israeli Army says ground forces are ‘expanding’ activities in Gaza, where internet has collapsed Israeli Army says ground forces are ‘expanding’ activities in Gaza, where internet has collapsed World
Japan Postpones Moon Mission Launch For 3rd Time Due To Bad Weather Japan Postpones Moon Mission Launch For 3rd Time Due To Bad Weather World
Far-right pro-Russian populist surprises in Romanian presidential election; set to enter runoff against PM Far-right pro-Russian populist surprises in Romanian presidential election; set to enter runoff against PM World
SiteLock

Archives

  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Business
  • Nation
  • Science
  • Sports
  • World

Recent Posts

  • Parts of Hyderabad receive brief showers on September 20
  • India thrash Indonesia 13-1 in Asian Games men’s hockey opener
  • Activists accuse Mumbai cops of pressuring people, raiding venues to stop Umar Khalid film screening
  • Red Bishop beats the odds to claim the Indian St. Leger
  • Minister promises exclusion of inhabited and agricultural areas from Ecologically Sensitive Area

Recent Comments

  1. Angelbem on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. JeffreyPap on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. TimmyMEs on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. Angelbem on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. JeffreyPap on UP Teacher Who Asked Students To Slap Muslim Classmate
  • Journalist Dilip Saini Stabbed To Death In UP’s Fatehpur, His BJP Leader Friend Injured
    Journalist Dilip Saini Stabbed To Death In UP’s Fatehpur, His BJP Leader Friend Injured Nation
  • Access Denied Business
  • Pakistan vs India Live Score Ball by Ball, Asia Cup 2023 Live Cricket Score Of Today's Match on NDTV Sports
    Pakistan vs India Live Score Ball by Ball, Asia Cup 2023 Live Cricket Score Of Today's Match on NDTV Sports Sports
  • Karnataka Jobs Reservation, Group C Group D Jobs For Kannadigas, Siddaramaiah, Labour Minister Santosh Lad Clarifies
    Karnataka Jobs Reservation, Group C Group D Jobs For Kannadigas, Siddaramaiah, Labour Minister Santosh Lad Clarifies Nation
  • Bloody Christmas In Ukraine As Russia Launches “Massive Attacks” On Cities
    Bloody Christmas In Ukraine As Russia Launches “Massive Attacks” On Cities World
  • Union Budget 2025: It’s a mixed bag for Tamil Nadu
    Union Budget 2025: It’s a mixed bag for Tamil Nadu Nation
  • Access Denied Sports
  • Kozhikode City police expand drone surveillance over newly identified drug hotspots
    Kozhikode City police expand drone surveillance over newly identified drug hotspots Nation

Editor-in-Chief:
Mohammad Ariff,
MSW, MAJMC, BSW, DTL, CTS, CNM, CCR, CAL, RSL, ASOC.
editor@artifex.news

Associate Editors:
1. Zenellis R. Tuba,
zenelis@artifex.news
2. Haris Daniyel
daniyel@artifex.news

Photograher:
Rohan Das
rohan@artifex.news

Artifex.News offers Online Paid Internships to college students from India and Abroad. Interns will get a PRESS CARD and other online offers.
Send your CV (Subjectline: Paid Internship) to internship@artifex.news

Links:
Associate Journalism
About Us
Privacy Policy

News Links:
Breaking News
World
Nation
Sports
Business
Entertainment
Lifestyle

Registered Office:
72/A, Elliot Road, Kolkata - 700016
Tel: 033-22277777, 033-22172217
Email: office@artifex.news

Editorial Office / News Desk:
No. 13, Mezzanine Floor, Esplanade Metro Rail Station,
12 J. L. Nehru Road, Kolkata - 700069.
(Entry from Gate No. 5)
Tel: 033-46011099, 033-46046046
Email: editor@artifex.news

Copyright © 2023 Artifex.News Newsportal designed by Artifex Infotech.