Turbulence in WaPo as daily loses dollars
The prestigious Washington Post is in crisis, with pressure on from owner Jeff Bezos to change its money-losing ways. The Post's managing editor abruptly resigned; a chosen successor withdrew under fire, and a boss has been targeted in the newspaper's columns.At the heart of the storm is the "WaPo"'s new CEO, Briton William Lewis, who was given a mission by Amazon founder Bezos when he appointed him last autumn.Lewis was asked to turn around a newspaper that continues to pile up Pulitzer Prizes half a century after the Watergate scandal it instigated, but which has lost $77 million in 2023 despite job cuts and the disappearance of its Sunday supplement. However, the former journalist, who made history in the 2000s with a scoop on the expenses of British MPs when he was editor of the Daily...
