Washington Post CEO Will Lewis has introduced a new 'Build It' plan aimed at addressing the newspaper's significant financial and audience challenges. In a recent meeting with staff, Lewis reported that the Washington Post lost $77 million over the past year and experienced a 50% drop in audience since 2020. To counter these issues, the plan includes new subscription tiers, management realignment, and an increased focus on artificial intelligence (AI) in reporting. The pivot to AI is expected to help streamline operations and improve content delivery as the paper seeks to recover from its financial losses. The plan comes amid ongoing scrutiny and scandal, as the paper looks to reestablish itself as a leading news outlet under the ownership of Jeff Bezos.
Negotiation and evolution Publications will charge more for their data to survive but get leaner, with reporters gathering new information but lots of consumed content coming from an LLM adapting reported information to different formats https://t.co/hp3ohDJYj4
The Washington Post Tells Staff It’s Pivoting to AI "AI everywhere in our newsroom." Already facing scandal, the Washington Post's new-ish CEO and publisher, Will Lewis, has announced that the newspaper will be pivoting to artificial intelligence to turn around its dismal… https://t.co/3HBenzw5h4
"Meta walked away from news. Now the company’s using it for AI content. And its newest attempt to engage its users could affect the news industry, again". @heatherkelly reports for the @washingtonpost https://t.co/7J5suWZm4z
CEO #WillLewis told #TheWashingtonPost staffers that the newspaper is looking for ways to use #AI in its reporting as it lost $77 million last year https://t.co/u54kuerTZU
The Washington Post has lost $77 million in the last year. Never let anyone tell you that what the press presents is about them pursuing ratings. When push comes to shove, their propaganda agenda is far more important than ratings, subscriptions, and ad revenues,
NEW @PuckNews: An exclusive conversation with Washington Post C.E.O. Will Lewis on his new plan to fix Jeff Bezos’s media heirloom—a mix of new subscription tiers, some management realignment, and other uncontroversial ideas: https://t.co/AdlPMfDd4v
.@washingtonpost lost over $77 million in the past year. Big new plans to boost subscribers. How about a plan to cover the news? You know, objectively? Not ideologically? https://t.co/FT9GuBWtKZ
META CONSIDERS NEW PAID DEALS WITH MEDIA PUBLISHERS FOR AI TRAINING DATA: INSIDER
[Thread] In a meeting, Washington Post CEO Will Lewis told staff that the paper lost $77M over the past year, and saw a 50% drop off in audience since 2020 (@maxwelltani) https://t.co/Es5oIEma26 https://t.co/wFne0eyDTP
Washington Post CEO Will Lewis is introing the paper’s new “Build It” plan today. In a meeting with staff, he noted that the paper lost $77 million over the past year, and saw a 50% drop off in audience since 2020: “To be direct, we are in a hole, and we have been for some time."