Test-Prep: More Profitable than Journalism

Via Huffington Post, Washingtonian magazine (which is kind of like the New York magazine of Washington but worse, in a weirdly exact mirror of the way Washington is worse than New York) reports that The Washington Post Company makes more than half of its revenue from Kaplan, its test-prep division, according to the company's latest financial report. Maybe The Times Company should think about making an offer for Princeton Review.

We also learn that Newsweek's revenues were down 16 percent from last year. But not to worry: Karl Rove and Markos Moulitsas will no doubt turn things around.