Jeff Bezos, the Amazon.com founder who helped bring books into the digital age, is going after another pillar of “old media”: the newspaper.
Bezos is buying The Washington Post and other newspapers for $250 million, The Washington Post Co., announced Monday. Bezos is buying the paper as an individual. Amazon.com Inc. is not involved.
Washington Post chairman and CEO Donald Graham called Bezos a “uniquely good new owner.” He said the decision was made after years of newspaper industry challenges....
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