Get fucked, Bezos.
The Post could lose all its subscribers and Bezos could still easily cover costs. He isn’t in the newspaper business for the money. He bought it for exactly moments like these. 8% is how much he just paid to hedge his bets
No point covering costs if no one is reading.
Yeah I was being hyperbolic for effect, but the point is that he owns the WaPo so that he can use it for his own personal social and political gain, not to make money off of it. I doubt the WaPo readership will substantially drop from this. And I have many questions about the people who still read his rag
The paradox: if, instead, 200,000 newcomers were to subscribe, the WaPo might be economically viable and then it could fire its owner.
The WaPo is currently losing tens of millions of USD a year. That is not so much its fault as our fault. We are the ones who prefer to pay for Netflix and Amazon Prime than for quality journalism.
Why would I pay for news controlled by a billionaire? My tax money already goes towards CBC who are… probably better than WaPo.
Well sure, if you’re Canadian then none of this is your problem.
That’s not how it works
Cancel Prime.
Cancel Prime.
Cancel Prime.
