How The Forward Burned Through Cash And Had To Give Up On Print

“The death of the Forward‘s print edition, and the slashes to its masthead, cap off decades of financial bleeding.” The publisher says the paper has run at a loss since 1945; recent losses have run to $5 million a year. The losses have been covered by drawing down its capital, which had already taken hits from the 2008 crash and Bernie Madoff’s scams. — Jewish Telegraphic Agency