Topic: Accuracy in Media
A Feb. 25 Accuracy in Media blog post by Don Irvine highlights how the Washington Post Co. is seeing increased profits even though the Washington Post itself is losing money. Irvine adds, "Unlike other large city newspapers where decisions have been made to shutter the print version and move online, the Post will continue as long as the other operations can subsidize the paper even if it's not a good business decision."
Irvine doesn't mention the fact that there are several papers that continue to operate even though they have lost money for years. Perhaps because the prime examples of such -- the New York Post, the Washington Times and the Pittsburgh Tribune-Review -- are all conservative-leaning, kept in business only because of the grace of their deep-pocketed, conservative-leaning owners.
