Express, the free newspaper published weekdays by The Washington Post for Metro riders and other commuters, will shut down on Thursday, ending 16 years of publication, the company said Wednesday.
Managers of the paper cited its deteriorating financial condition for the decision to cease publishing. Although they declined to cite specific figures, they said the printed paper had recently begun to lose money.
Colorful and lively, Express was designed to be a fast read for public-transit commuters each morning, especially people who didn’t subscribe to The Post. It featured eye-catching and sometimes cheeky cover illustrations that highlighted a single news story or trend, often one underplayed by The Post or ignored by TV newscasts.
Nearly all Americans are “troubled” by the state of the media, according to a new study from boutique PR agency, Bospar, in collaboration with Propeller Insights.
The survey of 1,010 American adults found that more than 95% are troubled by the current state of media, with 53% citing “reports on fake news,” 49% citing “reporting gossip,” and 48% citing “lying spokespeople,” as the key causes.
Other factors ranging from “celebrity opinions” to left- and right-wing agendas to the possible reporting of “blind items” in the news also spark concern.
The ongoing shrinking of the old media industry and business model has resulted in the elimination of 33,000 newspaper jobs, and now, even big, new-age, digital outlets are facing pressure, according to a new analysis.
The Pew Fact Tank report is the latest portrayal of the difficulties faced in the news business and the reality that the explosion in online media has fallen far short of making up for the job losses in newspapers and magazines.
The worst news for the industry is that from 2008-2018, 33,000 newspaper jobs were axed.