Since the Post announced its decision not to endorse a presidential candidate, it has reportedly lost more than 200,000 subscriptions, representing an 8% decline in its paid circulation. This marks one of the most significant subscriber losses amid controversies over editorial decisions. While cancellations can arise from such protests, they are usually temporary, raising concerns about the potential long-term impact on the Post's subscription base and revenue streams.
Will Lewis, the Post's president, acknowledged in May that the paper faced substantial challenges, admitting, 'To speak candidly: We are in a hole, and we have been for some time.' With the Post already grappling with a significant financial deficit—with a reported loss of $77 million last year—the consequences of this decision could weigh heavily on its already struggling financial state.
In the wake of the endorsement controversy, the Post's newsroom is facing turmoil, with prominent staff members resigning in protest. Notably, David Hoffman, a Pulitzer Prize winner, has left the editorial board, and other columnists and editorial writers have voiced their dissent, indicating a fracture within the team that could affect the publication's integrity and direction moving forward.
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