Vanity Fair: Has the Washington Post Lost Its Way?

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lcjjdnh

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Article they've been promoting finally out. Sarah Ellison focuses much on the tension between the business side's local focus and the news side's national ambitions.

http://www.vanityfair.com/business/2012/04/washington-post-watergate

The Washington Post is haunted by its history. Dominated by towering figures such as Katharine Graham (who died in 2001), Ben Bradlee (who stepped down as executive editor in 1991), and the reporters who pursued the Watergate scandal, Bob Woodward and Carl Bernstein, the mythology of the Post was always grander than the reality. No other newspaper enjoyed quite the hype the Post did during its heyday. And few papers are as defined by their city as the Post has been defined by Washington—“Washington” meaning both the nation’s capital and a metropolis in its own right. Don Graham’s devotion to his city has never wavered. “I can’t imagine existing anywhere else,” he told me when I sat down with him recently. From the moment he became publisher, in 1979, he insisted that the newspaper must concentrate on its Washington readers. But not everyone got the message. Inside the Post, there was always a powerful tension between Graham’s view and the view of the newsroom, which, starting with Bradlee and for a period of decades, sought to compete on a national stage with The New York Times—and to a significant degree succeeded.

For much of that time, the paper’s profits supported both views. Then came the Internet and new competition for readers and advertising dollars. The Post’s response to dwindling revenues has been to narrow its focus again to Washington. The paper’s current publisher, Katharine Weymouth, who is Don Graham’s niece, embodied her approach in a slogan in 2008: for and about washington. But the newspaper is no longer the only publication laying claim to that title. It must now fight off threats from online upstarts and other D.C.-focused outlets, such as Politico, National Journal, and Roll Call, which have eaten into the Post’s revenues and undercut its mission. The newspaper division of the company posted an operating loss of $193 million in 2008 and $164 million in 2009. For the first nine months of 2011, the division reported an operating loss of $25.6 million. Daily circulation of the print edition is now just over 500,000, down from 830,000 two decades ago. The Post’s belated attempt to revive its Web site has drawn traffic, but the effort has been plagued by technical issues. The key architect of the site’s redesign said in January that he was leaving the paper. Meanwhile, the Post has been losing some of its most talented journalists, let go in buyouts or wooed away by more ambitious and wealthier rivals. (The most recent round of buyouts, the fifth since 2003, was announced in February.) The newspaper has shuttered all of its national bureaus, and the newsroom churns with rumors of a deteriorating relationship between Weymouth and the editor she hired just a few years ago, Marcus Brauchli.

The desire to compete as a journalistic enterprise on a national or international level—to do so comprehensively and consistently—seems to have been beaten out of the Post. The disaffection on the newsroom floor is audible and undisguised. With every year there are fewer journalistic voices in America that combine seriousness of purpose with high standards and relentless ambition, and that can sometimes reach and inform the nation as a whole. What is at stake is very simple: whether the Post can remain one of them.
 
Remember a few years ago when everyone in the media had to pretend like Katharine Weymouth wasn't in over her head and got the job for reasons other than being Kay Graham's favorite granddaughter?

Glad those days are gone.
 
A very fair piece. But the most stunning thing I took away was if Don Graham wasn't such a nice guy and had leaned on Zuckerberg to honor their verbal agreement, the Wash Post Corp would own 10 percent of Facebook right now and be $7 billion richer. Yowza.
 
Charlie Pierce in the Esquire politics blog makes it a point to always refer to the Washington Post as "a once-great newspaper now d/b/a an unprofitable subsidiary of the educational-testing industry."
 
One major problem for the Post: They have a giant technology and business hub just across the river, and they have no clue how to cover it. They hire a bunch of people -- particularly young kids on the Metro desk -- who think everything south and west of the Potomac, from Arlington, Va., to Arlington, Texas, is a giant anthropology experiment.

Fairfax and Loudoun County are swimming in money, and the closest thing they have to a daily paper is Patch.
 
Yeah, the Metro section has gotten really slim over the years. They have one columnist who I'm convinced will write a column confirming grass is green when grown properly.

And the Style section? Holy ****.
 
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I don't understand all this ragging on the Washington Post. Compared to almost every newspaper in America, they're still doing a very good job. How many newspapers have declined less than the Washington Post? The NYT. The WSJ. How many others? The list isn't long.
 
geddymurphy said:
One major problem for the Post: They have a giant technology and business hub just across the river, and they have no clue how to cover it. They hire a bunch of people -- particularly young kids on the Metro desk -- who think everything south and west of the Potomac, from Arlington, Va., to Arlington, Texas, is a giant anthropology experiment.

Fairfax and Loudoun County are swimming in money, and the closest thing they have to a daily paper is Patch.

Perhaps not to the same extent, in terms of affluence, but the same is true in the Maryland suburbs. The only dailies are in Annapolis and Frederick. It's bizarre in that region, that there are those huge, largely wealthy suburban counties with no daily papers. I have lived and worked in much smaller areas that were loaded with small dailies.
 
I don't think there is much difference between what the WP is going through and what all papers are going through.
You figure people worked their way up through the ranks to get to the WP and are disappointed that it isn't what it was when they got into the field. Guess what? No paper is what it once was.
The regional giant is now just a major metro. The major metro is just a daily paper. The daily is now a thrice-weekly. The thrice-weekly is now a glorified shopper.
In some ways the WP and the NYT are luckier than most - their audience (pols and media types) still READ the actual paper. (It makes for a better prop than to hold up an iPad).
MicheleBachmannHoldingNewspaper.jpg
 
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Stick to what you know best - journalism, news, in the revenue-producing print edition - and quit trying to do too much with overworked, depleted staffs.

Or spread yourself too thin with younger, sometimes unmotivated staffs managed by people who may not know much more about the industry than the latest iWhatever.

Is your reporter best served spending time doing a podcast or talking with a source and developing something substantial?

Charles Pierce is right.
 
Vanity Fair is the perfect showcase for this article. Condé Nast has absolutely thrived during this recession.
 
Dan, the picture you posted gets to the Post's big problem. It's edited on the principle that the only readers it has who matter to it are Congress, its staff, the President and his staff and maybe Cabinet secretaries and Supreme Court justices. That's not very many readers in a metro region of three million-plus. It said it wanted to be Washington's paper, and then defined Washington as "the U.S. political class."
 
geddymurphy said:
Fairfax and Loudoun County are swimming in money, and the closest thing they have to a daily paper is Patch.
There is the News & Messenger. That's in Fairfax, right?
 
SixToe said:
Stick to what you know best - journalism, news, in the revenue-producing print edition - and quit trying to do too much with overworked, depleted staffs.

Or spread yourself too thin with younger, sometimes unmotivated staffs managed by people who may not know much more about the industry than the latest iWhatever.

Is your reporter best served spending time doing a podcast or talking with a source and developing something substantial?

Charles Pierce is right.

Have you seen the figures on print revenue since 1950? It's going, going ... well, not gone, but it's not coming back to 1998 levels.

https://garrysub.posterous.com/print-newspaper-advertising-revenue-1950-to-2

So the revenue is a third of what it was. A lot of that is classifieds, which is NEVER coming back unless someone passes a ban on Craigslist and similar stuff.

So we can either accept a slash to one-third of what we were, or we can try to diversify and make up the lost income elsewhere.

Hoos3725 said:
There is the News & Messenger. That's in Fairfax, right?

Prince William.
 
britwrit said:
Vanity Fair is the perfect showcase for this article. Condé Nast has absolutely thrived during this recession.

Well, except for Porfolio. And Gourmet. And Modern Bride. And the layoffs.
 
So we can either accept a slash to one-third of what we were, or we can try to diversify and make up the lost income elsewhere.


When digital revenue comes anywhere near print revenues - which will be never - let us know. All the analytics of 5-paragraph bull**** with no information and terrible newsroom podcasts of bored, disinterested staffers talking about something won't pay the bills.
 
SixToe said:
So we can either accept a slash to one-third of what we were, or we can try to diversify and make up the lost income elsewhere.


When digital revenue comes anywhere near print revenues - which will be never - let us know. All the analytics of 5-paragraph bull**** with no information and terrible newsroom podcasts of bored, disinterested staffers talking about something won't pay the bills.

Forbes disagrees:
http://www.forbes.com/sites/roberthof/2012/01/19/online-ad-revenues-to-pass-print-in-2012/

Then go back to classifieds. A print classified section cannot compete with online classifieds. Absolutely no way. The functionality of online classifieds simply can't be duplicated in print. Readers now expect to be able to search, then filter those search results. Same reason people are using sortable stats online instead of picking up the paper to browse box scores.

Online, you can even integrate the classifieds with the content -- ticket sales with sports stories, car sales with car stories, job listings with business stories, etc.

If you're doing terrible content, you're not getting a share of that money Forbes is mentioning. And yes, bored podcasts aren't going to cut it.

Something has to pay the bills, or we might as well close up shop now. And it ain't gonna be print. Not by itself. Those numbers don't lie. Neither do circulation numbers.

So you can find a benefactor who'll sink a few million a year into your news-gathering operation as a charity operation, or you can keep trying until you figure out how to make money online. Some people are doing it. Why are we the ones who can't?
 
LongTimeListener said:
Who is making money online and also paying its employees enough for a decent lifestyle?

Google.

Bleacher Report. (Yeah, I know -- I'm not thrilled about it.)

Yahoo (SPORTS ONLY! Yes, I know the whole company's in trouble) might be, though I'd imagine a lot of the revenue is generated by fantasy. Still, that's like the pre-Internet newspaper, paying for itself with classifieds.

Look, I'm not saying everything is awesome in the world of online revenue. I'm not even saying we'll all be able to have support 1996-size newsrooms.

But ask yourself which is more likely to happen in the next 10 years:

1. More money goes online.

2. Print revenue makes a roaring comeback.

Again -- look at that graphic. It's the reverse of a hockey stick. If you do NOTHING online, that stick is coming at you like McSorley's stick to Brashear's head.

Is this really such a difficult concept?
 
Interesting read, but in many ways, it just felt like a rehash of Dave Kindred's book.
 

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