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In January 2016, Bezos set out to reinvent the newspaper as a media and technology company by reconstructing its digital media, mobile platforms, and analytics software. [124] After a surge in online readership in 2016, the paper was profitable for the first time since Bezos made the purchase in 2013. [125]
When Amazon.com CEO Jeff Bezos announced he would purchase T he Washington Post last August, many puzzled over the decision longer than a Saturday crossword. Who buys a newspaper in this day and ...
Hundreds of Washington Post staffers sent a letter to owner Jeff Bezos imploring him to meet and expressing deep anxiety over decisions at the struggling newspaper.
In October 2013, the Graham family sold the newspaper to Nash Holdings, a holding company owned by Jeff Bezos, for $250 million. [7] As of 2024, the newspaper had won the Pulitzer Prize 76 times for its work, [8] the second-most of any publication after The New York Times.
The Washington Post Company agreed to adopt a new corporate name once the sale was finalized. It adopted Graham Holdings Company as the new name effective November 29, 2013. [20] Amazon.com was not involved in the sale. [21] Nash Holdings LLC, a company owned by Bezos, closed the purchase of the newspaper and affiliated publications on October ...
Jeff Bezos, the billionaire owner of The Washington Post, broke his silence Tuesday on the mounting turmoil within his newspaper, expressing support for maintaining high standards at the storied ...
In 2013, Jeff Bezos led an effort to raise US$5 million for Business Insider Inc. through his investment company Bezos Expeditions. [4] On September 29, 2015, Axel Springer SE announced that it had acquired 88% of the stake in Business Insider Inc. for a reported US$343 million (€306 million).
In 2013, Bezos bought The Washington Post for $250 million, and in 2021, he co-founded Altos Labs, a biotechnology company. He manages his personal investments through an investment firm, Bezos ...