Scoop: WaPo hits 2nd year of profitability, plans expansion

Washington Post publisher Fred Ryan
Washington Post publisher Fred Ryan. Photo: Mark Wilson/Getty Images

The Washington Post will celebrate its second consecutive year as a profitable company by adding to its business and technology teams in 2018, according to a memo to staff from Post Publisher Fred Ryan obtained by Axios.

The team of nearly 800 journalists will be acquiring additional space in its headquarters building in downtown Washington in 2018. "This expansion will meet our needs in the coming year and accommodate anticipated growth in the future," Ryan says.