By Brian Veseling
On 8 February, the same day that The Washington Post announced its fifth round of newsroom buyouts in the past several years, the Forbes website posted a long profile of Washington Post Chairman and CEO Donald E. Graham by Jeff Bercovici titled "Nice Guy, Finishing Last: How Don Graham Fumbled the Washington Post Co." that highlights a number of challenges and setbacks the company has suffered in recent years.
Among these are missed opportunities with Facebook and Politico, as well as major losses sustained from Newsweek (reportedly $40 million in the two years before the company sold it) and recent problems relating to its Kaplan education unit.
As all of these areas have suffered, so has the company's best known product, its namesake newspaper, which has seen circulation fall by 40% since 1995 (to just over 500,000).
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