4 ms·
compared to the best known subscription success stories -- the NYT, WP -- it certainly seems significantly smaller. but i agree, that comparison isn't very vali
by kristjankalm 7y ago
compared to the best known subscription success stories -- the NYT, WP -- it certainly seems significantly smaller. but i agree, that comparison isn't very valid, it's certainly a heavyweight amongst magazines.
- skinnymuch 7y agoIs WP WaPo or something else? WaPo went for only a few hundred million when sold. Economist around the same time was valued 3-5x more at $1B. Did WaPo turn things around that much? Economist is mostly owned by super rich elite families, so prestige would’ve entered what they paid too. But WaPo was purchased by Bezos so not likely he was super skimpy on the price (even being considerably “poorer” back then)
- uncletaco 7y agoYeah they did. After being bought by Bezos they made a number of changes that have been for the better. They've turned a profit over the last few years based on their growing subscriber base and their digital publishing business. Of course they've built it all using AWS and I would love to learn more about how they leverage that platform.
- skinnymuch 7y agoI see. Interesting. I know WaPo used to do deals with Prime too. Even with that, NYT has to be much bigger and their profit is only around 2x Economists. Economist is pretty big in most metrics.