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C.R.E.A.M.

C.R.E.A.M.

WaPo Earnings Up 256%, But Its Kaplan Cash Cow Is in Danger

The Washington Post Co. reported third quarter earnings of $60.9 million on Friday, up from $17.1 million last year for a whopping 256 percent earnings increase, but there’s trouble on the horizon at the company’s cash cow, Kaplan Inc.

Much of WaPo’s revenue comes from Kaplan’s online college and tutoring business, which had revenues of $743.3 Read More