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Washington Post to be sold to Jeff Bezos
Washington Post ^
| August 5, 2013
Posted on 08/05/2013 1:40:07 PM PDT by Second Amendment First
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To: DoughtyOne
I hope so. He only bought it for political influence.
21
posted on
08/05/2013 1:53:04 PM PDT
by
stephenjohnbanker
(The only people in the world who fear Obama are American citizens. KILL THE BILL!)
To: Catmom
Yes, but only on a Kindle Fire.
22
posted on
08/05/2013 1:53:27 PM PDT
by
Sgt_Schultze
(A half-truth is a complete lie)
To: Second Amendment First
Are they going to get out of paying taxes now?
And what are the less talented members of the Graham family going to do with their lives now?
There's only room for so many of them in Congress ...
23
posted on
08/05/2013 1:53:43 PM PDT
by
x
To: DoughtyOne
I would like to know how he valued the company considering it is an industry in the middle of an unpredictable transformation from paper to digital.
Of course, if anyone has a good idea of what is going to transpire, it would be Bezos.
My guess is that other papers will now trade off this transaction's pricing (until the market can see the actual results in profitability of Bezo's plans for the Post).
24
posted on
08/05/2013 1:55:08 PM PDT
by
RoosterRedux
(Liberals' first line of defense is emotion...the fall back position is specious reasoning.)
To: GeronL
Another Sugar Daddy steps up to keep a propaganda ministry afloat.
25
posted on
08/05/2013 1:55:58 PM PDT
by
abb
To: Sgt_Schultze; Catmom
>> Does this mean we can read WaPo for free on the Amazon.com site now?
Yes, but only on a Kindle Fire.Or with Amazon Prime. You can get the newspaper delivered via expedited two-day shipping at no additional cost.
26
posted on
08/05/2013 1:57:30 PM PDT
by
NautiNurse
(That is retarted, Sir.)
To: Second Amendment First
TV Advertising surcharge - great way for red states to raise money from liberals.
27
posted on
08/05/2013 1:57:43 PM PDT
by
o2bfree
(Lindsey Graham is left of South Carolina.)
To: Second Amendment First
All super-wealthy people need a media outlet
Either to promote their own interests, tell a story how they want it told, protect themselves from extortion, threaten uncooperative politicians, or to become a member of the establishment and play ball with them.
$250 million is chump-change for Bezos, but he immediately becomes a player in Washington DC. He won’t expect to make money with the Compost - probably only hopes to keep losses to a minimum.
What happened to Buffet’s stake?
28
posted on
08/05/2013 1:58:00 PM PDT
by
PGR88
To: Second Amendment First; SunkenCiv
Well, if anyone can keep WAPO’s doors open when it isn’t earning any money, it’s Bezos.
29
posted on
08/05/2013 1:58:25 PM PDT
by
Berosus
(I wish I had as much faith in God as liberals have in government.)
Comrade Bezos takes charge of DC Pravda
For the greater glory of the order of Obama, the great and wonderful Jeff Bezos, his magnificance has graced the presence of this journal of leftist opinion. May Vladimir himself smile down in this most wonderful of unions, allowing us to continue to smite thine enemies of socialism. Comrade Barack Obama, President and Chairman of the USSA is pleased with this union and his wise benevolence is praiseworthy indeed. Glory to the future of the socialist USSA!
30
posted on
08/05/2013 1:58:40 PM PDT
by
GeronL
To: Second Amendment First
It appears that Jeff left behind the only segment of the comPost Company that makes
money ... a subsidiary notorious for milking the government's student loan cash cow!
31
posted on
08/05/2013 1:59:23 PM PDT
by
Zakeet
(Democrats: Making everything free in this country except you)
To: stephenjohnbanker
I do this over joining the political contributions circuit in Washington.
To: House Atreides
Much ado about nothingexcept Bezos will have cash to pour into it. Fools and their money.
33
posted on
08/05/2013 2:00:57 PM PDT
by
unixfox
(Abolish Slavery, Repeal the 16th Amendment)
To: Vince Ferrer
34
posted on
08/05/2013 2:01:13 PM PDT
by
stephenjohnbanker
(The only people in the world who fear Obama are American citizens. KILL THE BILL!)
To: Second Amendment First
The way things are going, I should be able to afford to purchase the New York Times in about five more years.
I shall fire the entire editorial staff and will hire some Freepers to produce the editorials. I will run a "Caption This" contest on the front page and let people submit their captions online. Whoever comes up with the best caption of the day will win a free steak dinner at Sparks Steakhouse.
It will be a fun hobby for me and I'm looking forward to it. I might even get to hang out at Martha's Vineyard with the "beautiful people" every once in a while.
To: DoughtyOne
That’s the trend, but consider that selling the WaPo for “only” $250M a dozen years ago would have been a steal. My local rag is published by a broke outfit that owns 237 daily newspapers and a bunch of other crap, yet the enterprise value of the whole shooting matching match is less than $4 Million. Literally pocket change for a new owner, but who’d want it?
36
posted on
08/05/2013 2:02:12 PM PDT
by
bigbob
To: Second Amendment First
And in other news, Politico was sold to Karl Marx
To: stephenjohnbanker
I agree. I still maintain that if done properly, a local ‘even large’ newspaper can survive in the print format. I’m sure not going to bet this amount of money on that premise though.
38
posted on
08/05/2013 2:02:33 PM PDT
by
DoughtyOne
(Kill the bill... Begin enforcing our current laws, signed by President Ronald Reagan.)
To: Second Amendment First
What was it that Bob Woodward was saying about Obama last year? I think that it was about the sequester, Woodward was critical of Obama and the Obama administration was unhappy. I believe that Woodward even claimed that he had been threatened by a senior Obama administration official.
I guess that Bezos is going to make sure that doesn’t happen again and also take over the Obamacare public relations at the same time.
39
posted on
08/05/2013 2:02:40 PM PDT
by
Eva
(B Obama is to Trayvon Martin as Al Sharpton is to Tawana Brawley)
To: Second Amendment First
Sucker!
I hope he spends a boatload of money trying to keep it afloat.
It looks like the Graham family were able to keep the profitable companies that were keeping the Post afloat.
40
posted on
08/05/2013 2:03:29 PM PDT
by
joshua c
(Please dont feed the liberals)
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