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The Washington Post closes sale
to Amazon founder Jeff Bezos

Washington Post, by Paul Farhi

Original Article

Posted By:Dreadnought, 10/1/2013 10:03:03 PM

Amazon.com founder and chief executive Jeffrey P. Bezos formally took over as the owner of The Washington Post on Tuesday, officially ending 80 years of local control of the newspaper by the Graham family. Bezos’s $250 million purchase was completed as expected with the signing of sale documents. The signing transfers the newspaper and other assets from The Washington Post Co. to Nash Holdings, Bezos’s private investment company. Bezos, who founded the online shopping company in 1994 and became a billionaire in the process, has vowed to continue the newspaper’s long history of independent journalism. His technical and marketing savvy,

      


Post Reply  

Reply 1 - Posted by: quark, 10/1/2013 10:39:26 PM     (No. 9545591)

Independent journalism or more leftist propaganda? The Post hasn´t been ´independent´ for a long time.

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Reply 2 - Posted by: Bohallx, 10/1/2013 10:48:27 PM     (No. 9545608)

All I gotta´ say to Bezos is:

"S U C K E R"

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Reply 3 - Posted by: kOok, 10/1/2013 11:23:40 PM     (No. 9545657)

Maybe he can update the Post to deliver their papers two days after publication!

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Reply 4 - Posted by: mitzi, 10/1/2013 11:26:25 PM     (No. 9545661)

He certainly can´t make it any worse ... I´m willing to sit back and see what happens.



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Reply 5 - Posted by: bob913, 10/1/2013 11:38:53 PM     (No. 9545674)

newspaper’s long history of independent journalism????

They are part and parcel of the DNC.

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Reply 6 - Posted by: rlcnutter, 10/2/2013 12:37:27 AM     (No. 9545704)

Did I read that right? Just $250 million for the Washington Post? Boy, talk about a fire sale. I used to deliver the Post early mornings back in the ´60s when I lived just outside the District line. I guess things have gotten tough at the Post since then.

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Reply 7 - Posted by: MarinMike, 10/2/2013 12:44:36 AM     (No. 9545707)

you folks misunderstand "long history of independent journalism" actually mean independence from having to be factual, the ability to just make things up.

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Reply 8 - Posted by: flatwater, 10/2/2013 2:20:28 AM     (No. 9545748)

"Long history of independent journalism."

BWAAA-HA-HA-HA-HA-HA-HA-HA-HA!....

*whew!*

Confused this with an article from The Onion....

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Reply 9 - Posted by: Spidey, 10/2/2013 6:12:40 AM     (No. 9545809)

I´m still puzzled why a saavy businessman like Bezos would cough up a quarter billion to buy a loser rag like the Post.He´s already closed the door on revamping it to a money maker by claiming it´s an independant new outlet.Maybe somebody needs to send him a copy on the definition of insanity.
Seems to me that even if he did buy it,he would finance it to write the losses off at a later date and protect his personal fortune in the event of a bankruptcy.Wouldn´t surprise me if he got a 1% loan from the Obama National Bank.

Obama´s not going to allow his mouth organs to go under.

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