Washington Post Still Struggling

Flags wave in front of the Washington Post building on May 1, 2009 in Washington, DC. The newspaper has announced its first quarter earnings with a net loss of $19.5 million.
Photo: Alex Wong/2009 Getty Images

Without the success of its once-profitable Kaplan education unit to buoy the news business, the Washington Post saw an 85 percent drop in net income for the first quarter of the year, including a print advertising revenue fall of 8 percent and a 4 percent decline in the newspaper division overall.