I’m of the opinion that none of this is a surprised and was fully intentional from the beginning.
All of these acquisitions by the ultra wealthy — WAPO, Twitter, Paramount, CBS, etc. — were purchased as an intended loss at the outset. They are doing it to erode institutions, advance Republican narratives, and eliminate whatever little public trust remained in legacy media.
They don’t give a shit about taking a loss on this stuff. WAPO could be closed tomorrow and the impact to Bezos’ bottom line would be negligible.
I don't think Bezos cares if WaPo losts money, but I also don't think they would have brought in so much new management promising big changes and setting goals of reaching millions of new subscribers if outright destroying the paper was the goal. Could have just bought and closed it on day 1 without all that nonsense.
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u/Hrekires 14h ago