Posted on 10/14/2015 9:00:31 PM PDT by T Ruth
Some said it could never be done. Ever. But it’s done. The Washington Times announced Wednesday it achieved in September the first profitable month in its 33-year history, successfully transforming a traditional money-losing print publication into a leaner multimedia company with diverse revenue streams and a growing national audience.
“The hard-working employees and patient owners of The Washington Times have waited for this day for a long time,” President and CEO Larry Beasley said after surprising his staff Wednesday afternoon with an impromptu champagne celebration in the company ballroom.
(Excerpt) Read more at washingtontimes.com ...
Oh, man, this is rich..!
Just imagine if there were no WP, but there was a WashTimes..!!
Suuuuuuch rich justice...!
Ok, call me silly, but it would seem that maintaining a company ballroom might be part of what took them so long see a profit...
Yes, that’s a joke.
Kind of...
Didn’t the Moonies have something to do with this paper?
(Too tired to research)
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In other news, The Washington Times now joins the elite group of profitable conservative oriented print newspapers whose total has now grown to ONE.
Yeah they did/do
Don’t know if they still own it or not. They are a cult that has sort of fallen off the map. I haven’t seen anything about them in years
Most of the billion they burnt though belonged to Sun Yung Moon and his wacky organization so no big loss here
Washington Times *was* my go to source for news and information, then I found Free Republic.
Nice to know the Times is now profitable and will be around a while.
The NYT, not so much.
I hope they go the way of the carrier pigeon and dodo.
Good work WT staff, now give’em *hell*.
HOO-RAY for the good guys! Woo-Hoo!
The Washington Times is one of the few good large newspapers in the country.
Just in time to be part of the collapse of print media.
Looks like I will be able to continue to read it online for a long time.
Good.
It was just a few years ago that they had to make a capital infusion to keep the Times from going under.
A lot of the Times' problem is the Washington Examiner.
The Examiner chain began in 2004 when Philip Anschutz bought the San Francisco Examiner as the flagship for what was supposed to be a large news gathering and reporting organization that hasn't worked out.
The Washington Examiner has caught on but other Examiners haven't and Anschutz eventually had to sell the San Fran Examiner.
Thanks-—I never even heard of The Examiner.
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