Posted on 08/05/2013 1:40:07 PM PDT by Second Amendment First
The Washington Post Co. has agreed to sell its flagship newspaper to Amazon.com founder and chief executive Jeffrey P. Bezos, ending the Graham family’s stewardship of one of America’s leading news organizations after four generations.
Bezos, whose entrepreneurship has made him one of the world’s richest men, will pay $250 million in cash for The Post and affiliated publications to the Washington Post Co., which owns the newspaper and other businesses.
Seattle-based Amazon will have no role in the purchase; Bezos himself will buy the news organization and become its sole owner when the sale is completed, probably within 60 days. The Post Co. will change to a new, still-undecided name and continue as a publicly traded company without The Post thereafter.
(Excerpt) Read more at washingtonpost.com ...
You can read WaPo for free on their own site now. Bezos will charge. IMHO.
Thanks for the comments Carry_Okie. I like what you had to say. I agree.
I think Amazon should change its name to ANACONDA.
It surrounds, pulverizes, kills everything in its path.
And have you ever actually looked at Bezos? Looks like a snake to me.
I would bet that he plans to use the Post as his flagship in a paradigm busting transformation.
They could try to launch a TV channel but no cable-satellite system is likely to carry it even if it was free for a year or two. They are too busy making space for channels like CURRENT, AL JAZEERA, PIVOT and Democracy Now!
Exactly what I was thinking.
Much ado about nothing—except Bezos will have cash to pour into it.
Less the piddly amount I USED to spend at Amazon and AmazonPrime.
I wouldn’t doubt he’ll try. I’m just not convinced he can.
We’ll see.
Now we know why Obema went to Amazon last week to deliver his speech on jobs.
He owns Amazon, not Netflix
Yeah, a self made billionaire fool. He didn’t inherit Daddy’s money; the guy knows how to make his own. I wouldn’t underestimate him.
As you say, we'll see.
So why is Obama using an Amazon warehouse as a stage setting for his speech on jobs? Amy Brundage, a deputy White House press secretary, said this to the Chattanooga Times Free Press: “The Amazon facility in Chattanooga is a perfect example of the company that is investing in American workers and creating good, high-wage jobs.” And: “What the president wants to do is to highlight Amazon and the Chattanooga facility as an example of a company that is spurring job growth and keeping our country competitive.”
To which politicians has he donated? Cantwell. Murray. Leahy. Yuk.
Are those Amazon warehouse workers “high wage” jobs?
Bozos Sell To Bezos!
What difference does it make? Obama must take care of a person of influence who can be part of his MSM team. No doubt, Bezos will send money and plaudits to the regime.
That much is obvious.
The Church of Obama has a daily newsletter in DC
http://gawker.com/true-stories-of-life-as-an-amazon-worker-1002568208
Obama speaking at Amazon? Where workers are downtrodden? How typically smart of him.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.