Newspaper trimmed staff, and it's paid off: Wolff
(NEWSER) - Like America's other newspapers, the Washington Post is in pain, operating $86 million in the red after axing 400 reporters. “And yet,” Newser founder Michael Wolff writes in Vanity Fair, “if you had to look for a circumstance out of which a newspaper might have the chance to re-invent itself, the Post would be a pretty good candidate.” Why? Well, it owns a cash-cow in Stanley Kaplan, the SAT-study firm, and has—perhaps shockingly—made good business decisions. More»
