Amazon founder Jeff Bezos’ The Washington Post is projected to lose around $100 million in 2023, two individuals familiar with the Post’s finances told The New York Times.
Additionally, two other individuals briefed on the matter disclosed that the Post is projected to fall short of anticipated advertising revenue for 2023, according to the NYT. The Post has faced challenges in expanding its paid customer base since the 2020 election when it reached a peak of 3 million digital subscriptions compared to about 2.5 million now.
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