Washington Post 2007 Annual Report Download - page 5
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Please find page 5 of the 2007 Washington Post annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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At The Washington Post Company, every single one of our businesses has dramatically changed over the past 15 years. In some
cases, the changes were for the better.
Fifteen years ago we were accurately described as a media company. Over that time Kaplan has grown into a powerhouse,
a multidisciplinary and increasingly international education business unlike any other education company in the world. For the
last six months of the year, Kaplan’s revenue was almost half of the company’s, at 49%. Kaplan will continue to grow stronger
in 2008. The Washington Post Company is now an education and media company (this isn’t “re-branding”; it’s reality), and
the accent on education could get a lot stronger in the future.
On the media side, the financial and operational results at Cable ONE have been exceptional. Profits have bounded up during
years when not all cable companies have performed as well. Customer service is at an all-time high in an industry not known for
that quality.
Elsewhere in the company, the news is not as good.
To Our Shareholders