The Washington Post Company, parent company of Newsweek magazine, reported a first half net income of $36.5 million, down 73 percent from $133.2 million during the same period in 2007. However, revenue was $2.1 billion, up 7 percent from the same period last year. Folio (August 1, 2008)
Marcus W. Brauchli has officially been named executive editor of The Washington Post and will begin his responsibilities on September 8. Publisher Katharine Weymouth hopes that Brauchli’s experience as top editor of The Wall Street Journal will help The Post “navigate the new world of media.” NY Times (July 8, 2008)
Leonard Downie Jr. announced yesterday that he is stepping down from his position as executive editor at The Washington Post. Downie’s departure will end his 17-year tenure with the paper and he plans to become a Post Co. vice president at large, a title also held by his predecessor as editor, Ben Bradlee. Washington Post [...]
After months of searching for a successor to executive editor Len Downie, The Washington Post is allegedly looking towards New York Times deputy managing editor Jonathan Landman. Though Landman will not confirm or deny this, a source with knowledge of the search process says that Landman met with Downie in Washington on June 13th [...]
The Washington Post plans on launching a new unit that will be responsible for creating and managing a series of Web-based magazines. The unit is called The Slate Group and hopes to develop its own audience through these web magazines and eventually move into other forms of media either on its own or through acquisitions. [...]