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[Incognito]

Just saw it scroll across twitter. Very interesting..

@brianstelter: RT @mlcalderone: "The purchaser is an entity that belongs to Mr. Bezos in his individual capacity and is not Amazon, Inc."

 

[Deleted member 22576]

Yeah just came to make this thread, that's pretty damn crazy.

 

[jtb]

Just saw this also. Right after the globe sale too. Is this Bezos' first newspaper acquisition?

 

[Sky Chief]

I guess soon they will have no print version

 

[captmcblack]

So precisely how...conservative is Mr. Bezos?

 

[xenist]

Huh. Interesting. Very interesting. And it's a personal company, not Amazon related?

 

[Somnid]

Just saw this also. Right after the globe sale too. Is this Bezos' first newspaper acquisition?

Sorta. He also dumped a bunch of money into Business Insider but he doesn't own it.

 

[mj1108]

https://twitter.com/jayrosen_nyu/status/364485742933716994

"Here's the article: Washington Post to be sold to Amazon founder Jeff Bezos for $250 million in cash http://goo.gl/2YGau7"

 

[Cheebo]

So precisely how...conservative is Mr. Bezos?

Not at all. He is very publicly liberal.

 

[Sobriquet]

Not at all. He is very publicly liberal.

 

[ryutaro's mama]

William Randolph Hearst is amused from the grave.

 

[avaya]

So precisely how...conservative is Mr. Bezos?

free market taliban

 

[Gemüsepizza]

Not at all. He is very publicly liberal.

I thought he was a libertarian.

 

[massoluk]

Well. That's random.

 

[GG-Duo]

Not at all. He is very publicly liberal.

I got the impression that he's Libertarian?

 

[Skel1ingt0n]

You know, regardless of what side of the fence you fall; you should prefer a lack of bias rather than a "public one."

I actually very much enjoy both sides of a story, as it lets me debate myself and my views.

 

[commedieu]

wonder if this means they will treat their employees better. So they can have better quality of life.

 

[Dog food is delicious]

I thought he was a libertarian.

That's what the wiki article says.

 

[bomb]

250 Million in cash. Not bad.

 

[xenist]

Bezos actually appears to lean Democrat with Libertarian tendencies according to his campaign contributions. Socially liberal, fiscally conservative.

 

[Agnostic]

wonder if this means they will treat their employees better. So they can have better quality of life.

10/10 lol

 

[Sobriquet]

You know, regardless of what side of the fence you fall; you should prefer a lack of bias rather than a "public one."

I actually very much enjoy both sides of a story, as it lets me debate myself and my views.

That was my point. If he's liberal, then it will remain an unbiased news source.

 

[Black Mamba]

At this point, as long as it's not the Koch brothers, it's a victory.

 

[Sobriquet]

At this point, as long as it's not the Koch brothers, it's a victory.

Exactly.

 

[Subitai]

That was my point. If he's liberal, then it will remain an unbiased news source.

You're being sarcastic right?

/token gaf conservative

 

[Sobriquet]

You're being sarcastic right?

/token gaf conservative

No.

 

[Guevara]

Luckily Mr. Bezos is used to running unprofitable businesses.

 

[hoos30]

wonder if this means they will treat their employees better. So they can have better quality of life.

Ha,ha. Read up on Amazon's working conditions. Makes Walmart look like Google.

 

[Tobor]

Luckily Mr. Bezos is used to running unprofitable businesses.

Lol.

I can't imagine the print edition is long for this world.

 

[ReturnOfTheRAT]

Even with all the issues in the print industry I hadn't realized they for could bought for such a small amount.

 

[BertramCooper]

Complimentary subscription with Prime.

 

[JesseEwiak]

No more stories in the Post about Amazon workers being treated like crap.

 

[verbum]

Even with all the issues in the print industry I hadn't realized they for could bought for such a small amount.

Newsweek used to be worth something. Not any more.
I like the Post. But things like Politico are stealing their lunch.
What will Bezos do with it? Go purely digital? I guess if you have a reputation and good reporters, you could keep readers.
Going to miss having a paper outside the hotel door in the morning.

 

[Averon]

Good.

Keeping as many news organization out of the Koch brothers' and Rupert Murdoch's hands as possible can only be a good thing.

 

[daycru]

Ha,ha. Read up on Amazon's working conditions. Makes Walmart look like Google.

No one cares about any of that anymore.

Liberal = gay marriage

 

[JCX]

I thought he was a noted libertarian? If so, I wonder how that will impact what the Post, considering its liberal rep.

 

[alfredofroylan]

So one of the biggest newspapers in the country has almost the same value as the budget for the Lone Ranger movie, times have change a lot.

 

[JABEE]

That sounds like a great deal for Bezos.

 

[metalslimer]

How much money does this guy have? No wonder Amazon keeps expanding with that slim profit margin

Also does buying this newspaper help Amazon in any way or is this a personal buy?

 

[mattiewheels]

"I think it would be fun to run a newspaper..."

 

[Goldrush]

Can't wrap my head around the fact that tumblr is worth 4 times as much.

 

[bronson]

Would you like to rate your transaction of Undead Media Giant?

 

[kirblar]

Hopefully his first act as owner is to fire Jennifer Rubin.

 

[alfredofroylan]

Can't wrap my head around the fact that tumblr is worth 4 times as much.

The Boston Globe was sold for 70 millions, it seems that the New York Times is the last big independent newspaper in this country.

 

[Espresso]

How much money does this guy have? No wonder Amazon keeps expanding with that slim profit margin

Also does buying this newspaper help Amazon in any way or is this a personal buy?

His net worth is $25 billion. Amazon will have no role in the purchase; Bezos himself will buy the news organization and become its sole owner.

 

[Lissar]

How much money does this guy have? No wonder Amazon keeps expanding with that slim profit margin

Also does buying this newspaper help Amazon in any way or is this a personal buy?

According to this, a fair bit:

Jeff Bezos, with an estimated $25 billion net worth

So this is pocket change.

And it's a personal buy. It isn't related to Amazon.

 

[hoos30]

Can't wrap my head around the fact that tumblr is worth 4 times as much.

Hint: It's not.

 

[Cat Party]

I wonder what his plan is for it.

 

[Gannd]

At this point, as long as it's not the Koch brothers, it's a victory.

Because the Koch brothers are horrible. Being against the drug war and mandatory minimums and all of that.

 

[DrFunk]

I bet he used one-click purchasing