The Washington Post’s shifting fortunes
As with so many other industries, the rise of the Internet and digital technology disrupted and transformed the news business. Newspaper industry revenues slid from a record $49.4 billion in 2005 to $22.3 billion at end of last year — and the pattern at The Post was the same. Read related article.
Sources: The Washington Post Company, Bloomberg News, Alliance for Audited Media. Tobey/The Washington Post.