Friday, 29 February 2008

WaPo growth down to 11% in 2007

Rafat's picked up on something interesting from the Washington Post's most recent 10:

The Washington Post Company filed its annual 10-K with SEC yesterday, and some points about its digital growth (outside of Kaplan). One thing that caught my eye: “The Company’s online publishing businesses, Washingtonpost. Newsweek Interactive and Slate, reported an 11 percent revenue increase in 2007; however, online revenue growth has slowed down, from 28 percent growth in 2006.” The slower growth rate for online wasn’t explained, though, but would it be a trend?

-- Also this data point on employees: Washingtonpost.Newsweek Interactive has approximately 329 full-time and 14 part-time employees, none of whom is represented by a union.

330 employees and only 11% growth? Doesn't sound like a recipe for long-term success to us.

Categories:  Media Business

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