Washington Post Hit With 200K Subscription Cancelations After No Endorsement

Washington Post Hit With 200K Subscription Cancelations After No Endorsement

According to a report by National Public Radio, The Washington Post's decision not to endorse in the Presidential race is adversely impacting the newspaper’s bottom line.

 

The Post is owned by Jeff Bezos, who reportedly has a net worth of more than $205 billion according to Forbes.

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“The Washington Post has been rocked by a tidal wave of cancellations from digital subscribers and a series of resignations from columnists, as the paper grapples with the fallout of owner Jeff Bezos’s decision to block an endorsement of Vice President Kamala Harris for president,” reports NPR.

 

“More than 200,000 people had canceled their digital subscriptions by midday Monday, according to two people at the paper with knowledge of internal matters. Not all cancellations take effect immediately. Still, the figure represents about 8% of the paper’s paid circulation of 2.5 million subscribers, which includes print as well. The number of cancellations continued to grow Monday afternoon,” according to NPR.

 

The Wall Street Journal reported Monday, “People close to the Post, though, said the paper had drafted an editorial in favor of Vice President Kamala Harris. The decision not to endorse prompted complaints inside the newsroom—and among the Post’s reader base. Critics suggested the news outlet and its owner, Bezos, were concerned about retribution from Donald Trump should he win next week’s presidential election.”

 

Multiple members of the post editorial team and newsroom have resigned as a result of the non-endorsement.

 

In October of 2023, the Post eliminated 240 positions due to failing readership.