Monday, August 5, 2013

The Wrap Movies - Entertainment Industry Analysis, Breaking Hollywood News: Amazon's Jeff Bezos Buys Washington Post for $250 Million in Cash

The Wrap Movies - Entertainment Industry Analysis, Breaking Hollywood News
 
Amazon's Jeff Bezos Buys Washington Post for $250 Million in Cash
Aug 5th 2013, 20:40, by Josh Dickey

Amazon founder Jeff Bezos has purchased The Washington Post and all of its affiliated businesses for $250 million in cash, according to the paper's website.

The move comes as a surprise; the Post never announced it was for sale and had been owned and published by the Graham family since 1933. They'd shopped the paper to a half-dozen suitors, the paper said.

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