The NY Post Loses Over $50 Million a Year But Things are Great
The assertion of a New York piece on the The New York Post: The paper has long been in trouble, but now that it’s housed under News Corp., and can no longer hide its deficiencies with piles of TV and movie studio money, things are especially grim. Given that the Post’s annual losses are estimated at a little over $50 million, this seems like a reasonable stance. But no! The Post is doing great, says Jesse Angelo, the tabloid’s editor.
“Many people have wanted to write our obituary in the past, and it is wishful thinking,” Angelo told New York.
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