Washington Post Considers Selling Publishing Tech Tool ARC XP

For news companies that are mostly reliant on advertising and subscription revenue, developing an entirely different line of business is attractive. The Post expects Arc to generate over $200 million in annual recurring revenue by 2027, a roughly fourfold increase over its contribution now, according to a document reviewed by The Wall Street Journal. The business isn’t profitable, so far.

Source: WSJ News Exclusive | Washington Post Considers Selling Tech Business It Built Up on Jeff Bezos’s Watch

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