Trump Proven Right As The Washington Post Loses 500K Subscribers And $70 Million Since He Left Office
The Washington Post, nicknamed “The Washington Compost” by 45th President Donald Trump, has lost a devastating 500,000 subscribers since Trump left office and is considering selling part of their tech business.
According to a report from the Wall Street Journal, the far-left newspaper’s subscriber count dropped from three million in 2021 to now two and a half million, a 20 percent decline.
This must be music to President Trump’s ears. In 2017, Trump said, “Newspapers, television, all forms of media will tank if I’m not there. Because without me, their ratings are going down the tubes.”
The Washington Post is on track to lose money this year, as well. Since Trump left office, their digital advertising revenue has plummeted by $70 million, a 15 percent decline.
In an attempt to cut costs, the Post is considering selling their publication’s software “Arc XP.” Washington Post owner and Amazon founder Jeff Bezos reportedly likes the idea of selling the software.
“Wow! The Washington Compost lost 500,000 PLUS Subscribers since I left (Rigged Election!) office —The Washington Free Beacon,” Trump wrote on his booming social media platform, Truth Social, which propelled Trump back onto the “Forbes 400” list of the 400 richest people in the United States. on Thursday afternoon.
Unlike the Washington Post, Trump’s social media company, Truth Social, is doing very well!
The far-left New York Times, dubbed the “failing New York Times” by 45th President Donald Trump, has even, in an article titled “Truth Social’s Influence Grows Despite Its Business Problems,” stated that Trump’s social media platform, Truth Social, has become “vibrant” and has “managed to outplace its rivals.”
“His posts on the site reach more than four million followers and regularly reverberate across mainstream news and social media sites,” the article adds.
Truth Social instantly skyrocketed to the very top of the charts and has remained at the top of the charts as the most downloaded app in the Google Play store for four whole days.
According to Forbes, Trump Media and Technology Group is now Trump’s “single most valuable asset.”
Trump owns 80 percent of the company, which is 73 million shares at (then-price) $25 a share, worth over $1.8 billion.
“But make no mistake, Trump is extremely rich. In fact, the former president climbs back onto The Forbes 400 this year after dropping off 12 months ago, with his estimated net worth jumping from $2.5 billion to $3.2 billion, enough to qualify for No. 343 on the ranking of America’s richest people.” Forbes reported.