Axios recently reported that the Washington Post is planning an expansion after reporting their second year of profitability. This is an interesting development as the industry is clearly suffering from radical changes and technological development.
By rightly accepting this they are focusing on “relentlessly innovating, experimenting and disrupting even our own practices” as mentioned in the memo sent to their staff.
Some interesting developments they also noted:
– Their “newsroom has been a laboratory for innovation, capitalizing on the latest advances in storytelling tools“
– “Our technology team continues to push the boundaries […] in areas like artificial intelligence and serverless computing“
– “The partnership between news and technology is powering our growth”
You can read more about these developments here and what products and services they are creating.
With all these improvements and changes they can rightly claim to be “the world’s only 140-year-old start-up”.