News that Amazon CEO Jeff Bezos is acquiring The Washington Post, one of the top newspapers in the U.S., shook the publishing world on Monday. He is buying the paper for $250 million in cash. Bezos is making the acquisition as an individual — the Post is not to be part of Amazon’s vast array of products and services. Much is being said about this sale epitomizing the demise of print journalism’s golden era. The Washington Post has carved an indelible mark in U.S. history.
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Mr. Bezos Goes to Washington
Posted by: Erika Morphy August 6, 2013 11:38 AMNews that Amazon CEO Jeff Bezos is acquiring The Washington Post, one of the top newspapers in the U.S., shook the publishing world on Monday. He is buying the paper for $250 million in cash. Bezos is making the acquisition as an individual — the Post is not to be part of Amazon’s vast array of products and services. Much is being said about this sale epitomizing the demise of print journalism’s golden era. The Washington Post has carved an indelible mark in U.S. history.