Graham family – Media Nation

The Washington Post looks to local as a way of reviving its sagging fortunes

I was intrigued to learn that embattled Washington Post publisher Will Lewis is thinking about expanding the Post’s local coverage as he seeks a way to turn around the paper’s declining fortunes. It’s an idea I’ve suggested a couple of times (here and here), so I’m heartened to see that the Post might actually move in that direction.

In Axios D.C., Cuneyt Dil reports that the product would be known as Local Plus and would be aimed at readers who are willing to pay a premium for newsletters and “exclusive experiences,” whatever that’s supposed to mean. If Lewis decides to head down that route, he’d be embracing the Post’s roots, harking back to a time when it had the highest penetration rate in the country and had more in common with large regional papers like The Boston Globe and The Philadelphia Inquirer than with The New York Times.

Of course, Lewis doesn’t have to choose since digital distribution means that the Post can continue with the national and international mission that owner Jeff Bezos set for it a decade ago.

In my 2018 book “The Return of the Moguls,” I tracked the Bezos led-transformation. Under the Graham family, from whom Bezos bought the paper in 2013, the Post was barely profitable and was accomplishing that mainly through cuts. The Grahams’ final play was to double down on local, unveiling the slogan “Of Washington, For Washington.”

Even in the early Bezos years, Post executives understood the value of local. For several years they offered two different digital products — a colorful, low-cost magazine-like app that contained no local news and that was aimed at a national audience, and a more traditional app that cost more and included all of the Post’s journalism, including local and regional coverage.

The Post’s major Bezos-era challenge has come since Donald Trump left the White House and a post-Trump-bump malaise hit multiple news outlets. The New York Times has been a notable exception, zooming to more than 10 million paid subscribers on the strength of its lifestyle offerings, including recipes, consumer advice and games. The Post, meanwhile, slid from 3 million to 2.5 million paid subscribers as of a year ago, and may have slipped more since then.

If the Post is going to start growing again, it has to find areas where it’s not competing head-to-head with the Times. I assume that’s what Lewis’ “third newsroom” comprising social media and lifestyle journalism comes in, although he hasn’t even begun to define what that will look like.

Local news, too, would be a smart move, and charging a premium for it makes a lot of sense.

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One way forward for the sputtering Washington Post: Reconnect with local news

Jeff Bezos. Photo (cc) 2019 by Daniel Oberhaus.

Back when I was reporting on The Washington Post in 2015 and ’16 for my book “The Return of the Moguls,” the paper was on a roll. Paid digital subscriptions were skyrocketing, profits were rolling in even as the staff was growing, and it was breaking story after story about the rising menace of Donald Trump. David Fahrenthold broke the two of the most important stories of the 2016 campaign: the corruption at the heart of the Trump Foundation and the audio tape on which Trump was heard bragging about sexually assaulting women.

Now Fahrenthold is at the Post’s ancient rival, The New York Times, and the Post itself is sputtering. The legendary executive editor, Marty Baron, retired in March 2021. His successor, Sally Buzbee, has had the unenviable task of maneuvering the Post through the COVID-19 pandemic while dealing with controversies such as the Dave Weigel-Felicia Sonmez Twitter mess, which led to Sonmez being fired. And now the Times’ Benjamin Mullin (reprising a story he cowrote last December when he was still at The Wall Street Journal) and Katie Robertson are reporting (free link) that paid circulation is down, profits have turned into losses, and owner Jeff Bezos seems less interested in the place than he was in the early years of his ownership.

What went wrong? Bezos’ principal insight was his realization that there was room for a third great national newspaper alongside the Times and The Wall Street Journal — and that, in the digital age, he didn’t need to roll out print beyond the D.C. area. The Post was cheaper than the Times or the Journal and was available everywhere, through Amazon Prime and on Fire tablets.

Eventually, though, the Post ran afoul of some inherent contradictions. The biggest is this: It hasn’t really differentiated itself from the Times, which has left the Post in the unenviable position of being a less comprehensive competitor. The Times simply has more, especially in international coverage such as the war in Ukraine as well as arts and culture. The Post’s advantages are that it’s cheaper and its digital products offer a better user interface. Contrast that with the Journal, which really is different from the Times in its focus on business news and its hard-right opinion pages.

Judging from the Times story, I wouldn’t be surprised to see Post publisher Fred Ryan get his gold watch sometime in the near future. Buzbee hasn’t had a fair chance to make her mark, and I doubt that Baron would have navigated the past year any more surely than she has. In retrospect, it looks like Baron timed his exit perfectly.

In the long run — and the short run — the Post needs to establish itself as the go-to place for a certain kind of coverage you can’t get anywhere else. Its political reporting is broad and deep, but so is the Times’. With a much smaller staff than the Times has, what opportunities are there? In the final years of Graham family control, the Post emphasized regional coverage. Without abandoning its commitment to national and international news, maybe the way forward for the Post is to reconnect with its local audience.

City Cast, a network of local podcasts, is coming to Boston

Yet another small media outlet is coming to Boston — this one owned by the legendary Graham family, the former owners of The Washington Post.

City Cast is hiring a lead producer to oversee a team of three who’ll produce a daily podcast and newsletter in Boston, joining projects that are already up and running in Chicago, Denver, Houston, Salt Lake City and Pittsburgh. The project is expanding to six other cities as well. The journalist behind it is David Plotz, formerly the editor-in-chief of Slate (also owned by Graham Holdings) and former chief executive of Atlas Obscura, who announced his idea for a network of local podcasts in October 2020:

It will combine essential local news with smart, delightful perspective about your community. It will be the passionate, curious, connecting voice of your city and mine — framing and explaining the news and helping make us more informed and more empathetic — and better citizens in small but meaningful ways. [Plotz’s boldface.]

I spent a little time with the Denver and Chicago City Casts this morning, and my first impression was that they are more substantive than Axios Local or certainly 6AM City, which I wrote about recently for GBH News. (And let’s not forget about the specialty state political newsletters from Politico, State House News Service and CommonWealth Magazine.) That said, I’m not sure who the audience for City Cast Boston will be.

In his announcement, Plotz lamented that “where local news is sparse or feeble, communities suffer.” Well, Boston is certainly no news desert, and it’s hard to see how a small podcast is going to do anything about the suburbs, exurbs and satellite cities, where news coverage is truly lacking.

I suspect that City Cast’s target audience are young tech workers, many from out of town, who haven’t yet developed the news habit — in other words, the same people who’ve been targeted by Axios Local and 6AM City.

And maybe it’s time for the city’s major homegrown media outlets — The Boston Globe, of course, but also WBUR Radio, GBH News, CommonWealth and others — to think about why outside media organizations assume those readers are there for the taking.

Bezos’ bucks may re-ignite Post-Times competition

When Amazon.com founder Jeff Bezos bought The Washington Post last year for the paltry sum (especially for him) of $250 million, newspaper observers hoped that it presaged a new era for the struggling daily. For now, at least, it looks like those hopes are becoming a reality.

The Post is ramping up. Michael Calderone of The Huffington Post reported recently that the paper has hired 50 full-time staff journalists so far in 2014, and that it is making at least a partial return to its status as a national newspaper — a status it had retreated from during the final years of Graham family ownership. Executive editor Marty Baron told Calderone:

We’ve talked a lot about the need to grow. We’ve said that in order to grow, we have to look outside our own immediate region and the only opportunity for growth is digital. We are looking at growth opportunities around the country.

Richard Byrne Reilly recently wrote in VentureBeat that Bezos isn’t quite the hands-off owner that he appears to be, taking a deep interest in the paper’s digital initiatives. According to Reilly:

With chief information officer and technology vice president Shailesh Prakash at the helm, Bezos is pumping cash into the once staid company’s IT infrastructure. Lots of it. The new leadership has put 25 computer engineers into the newsroom, helping reporters craft multifaceted digital stories for mobile devices.

The Post’s expansion is a heartening development, and it’s one we’re seeing unfold in Boston as well. Red Sox principal owner John Henry, whose $75 million purchase of The Boston Globe was announced just days before Bezos said he was buying the Post, has, like Bezos, shown a willingness to try to grow his news organization out of the doldrums into which it had fallen.

The Globe is making some interesting moves into video; has redesigned its nearly two-decade-old free Boston.com site while moving all Globe content behind a flexible paywall at BostonGlobe.com; has developed new verticals for innovation and technology (BetaBoston) and arts and entertainment (RadioBDC and BDCWire); and will soon unveil a standalone site covering the Catholic Church.

As for the Post, it’s notable that its comeback coincides with a serious misstep at The New York Times — the botched firing of executive editor Jill Abramson. Combined with the loss this week of the Times’ chief digital strategist, Aron Pilhofer, to The Guardian, and the release of an internal report criticizing the Times’ own digital strategy, it may not be an exaggeration to suggest that energy and momentum have swung from the Times to the Post. (To be sure, the Times’ new executive editor, Dean Baquet, enjoys an excellent reputation.)

From the Pentagon Papers and Watergate in the early 1970s until about a decade ago, the Times and the Post were often mentioned in the same breath as our two leading newspapers. Good as the Post was during the final years of the Graham era, budget-cutting allowed the Times to open up a lead and remain in a category of its own.

It would be great for journalism and for all of us if Bezos, Baron and company are able to level the playing field once again.

Photo (cc) by Steve Jurvetson and used under a Creative Commons license. Some rights reserved.