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Jenna Peterfeso

Washington Post to be sold to Jeff Bezos, the founder of Amazon - Washington Post - 1 views

  • 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.
  • The rise of the Internet and the epochal change from print to digital technology have created a massive wave of competition for traditional news companies, scattering readers and advertisers across a radically altered news and information landscape and triggering mergers, bankruptcies and consolidation among the owners of print and broadcasting properties.
  • will take the company private, meaning he will not have to report quarterly earnings to shareholders or be subjected to investors’ demands for ever-rising profits,
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  • As such, he will be able to experiment with the paper without the pressure of showing an immediate return on any investment
  • Indeed, Bezos’s history of patient investment and long-term strategic thinking made him an attractive buyer, Weymouth said.
  • “I don’t want to imply that I have a worked-out plan,” he said. “This will be uncharted terrain, and it will require experimentation.”
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    Entrepreneur Jeff Bezos has agreed to buy The Washington post for $250 million cash. Includes the Grahm family's feelings toward the deal and what made Bezo's an attractive buyer.
Jered Wilcox

FUTURE OF WASHINGTON POST - 0 views

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    Can Jeff Bezos invent a new future for newspapers? By buying The Washington Post in his personal capacity, the Amazon founder and internet pioneer may just be looking to save an American institution
Jered Wilcox

The Washington Post closes sale to Amazon founder Jeff Bezos - 0 views

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    Amazon.com founder and chief executive Jeffrey P. Bezos formally took over as the owner of The Washington Post on Tuesday, officially ending 80 years of local control of the newspaper by the Graham family.
Jered Wilcox

Our Future Is Digital': Don Graham Reflects on Washington Post's Turning Point - 0 views

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    The purchase of The Washington Post by Internet mogul Jeff Bezos for $250 million will end nearly eight decades of that newspaper's ownership by the Graham family
Melinda Snell

Media Experts Ponder Future of Newspapers After Washington Post Sale - 1 views

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    Video on the future of newspapers and how they are being saves. Amazon.com founder Jeff Bezos made news this week following reports that the Internet pioneer had purchased one of the nations top newspapers.
Melinda Snell

3 Ways Social Media Can Save the Newspaper Industry - Social Media Week - 0 views

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    As the Golden Age of newspapers comes to an end with the sale of the Washington Post to Amazon founder Jeff Bezos, social media is no longer a crutch but a force that can transform and potentially save the dying industry.
Jered Wilcox

The decline of newspapers has been good for everybody else - 0 views

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    This is an interesting article about how the newspaper industry has changed over the span of a single man's career. He describes how the profits involved are decreasing exponentially, and how less and less jobs are available for this industry.
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    Neil Irwin, wrote " I started working at The Washington Post on June 5, 2000. It was in the same building we work in now, but it was very much a different place. We were just on the cusp between one media age and another, even if not everybody understood that yet."
Jered Wilcox

Americans' Confidence in Newspapers Continues to Erode - 0 views

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    WASHINGTON, D.C. -- Americans' confidence in newspapers fell slightly to 23% this year, from 25% in 2012 and 28% in 2011. The percentage of Americans saying they have "a great deal" or "quite a lot" of confidence in newspapers has been generally trending downward since 1979, when it reached a high of 51%.
Jered Wilcox

Why Newspaper Stocks are up Big this Year - 0 views

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    What do newspaper companies like The Washington Post Company (NYSE: WPO ) , New York Times (NYSE: NYT ) and Gannett (NYSE: GCI ) have in common? Although they are said to be in a dying industry, so far this year all of them have beaten the Standard & Poor's 500 index performance by a wide margin. What is behind the return of newspaper stocks?
Melinda Snell

Newspapers have a positive future, no matter the platform - 0 views

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    WHEN Amazon billionaire Jeff Bezos bought the Washington Post early last month for $250m, the question everyone wanted the answer to was, why would a new media guy invest in old media?
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