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Washington Post to be sold to Jeff Bezos
Washington Post ^ | August 5, 2013

Posted on 08/05/2013 1:40:07 PM PDT by Second Amendment First

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To: House Atreides
From one liberal to another. Much ado about nothing—except Bezos will have cash to pour into it.

Reminds me of the XKE Adds in Hemmings...

"Magnificantly restored XKE, $70,000 invested, will take offers in the $30,000 range, must sell Divorce...

He has over-invested ya it is old and posh, but like the XKE that is over-restored, it is a dinosaur in many respects.

And like the Divorce the breakup will be painful and expensive...

It will suck to be him...

51 posted on 08/05/2013 2:09:22 PM PDT by taildragger (The E-GOP won't know what hit them, The Party of Reagan is almost here, hang tight folks....)
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To: DoughtyOne
That’s okay. I give it about three years before he’s selling it for 10 cents on the dollar.

It does not have to happen. It has a built in readership if it would just appeal to reason and reduce its pro democrat, pro Obama, anti-American liberalism.

52 posted on 08/05/2013 2:09:37 PM PDT by Rapscallion (Obama does not know how bad he really is.)
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To: GeronL

Pravda on the Potomac


53 posted on 08/05/2013 2:09:59 PM PDT by chickenlips (Primary them all.)
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To: SamAdams76

Except that if you buy it for one dollar, you still have to assume hundreds of millions in debt, plus pension and medical liability.


54 posted on 08/05/2013 2:10:21 PM PDT by Second Amendment First
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To: nascarnation

Chalk it up to TBCRTWA (Typing before carefully reading the whole article). I somehow associated Bezos with AOL.


55 posted on 08/05/2013 2:10:23 PM PDT by USFRIENDINVICTORIA
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To: bigbob

He could have had the Boston Glob for only 93 million.


56 posted on 08/05/2013 2:12:07 PM PDT by Second Amendment First
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To: House Atreides
Bezos will have cash to pour into it.

It will be a lost cause unless he can find an editorial policy to bring back the more reasonable and conservative readers. Otherwise it is doomed like all liberal, anti-American media. People have had enough of the liberal / progressive political agenda. The Post would have survived in my opinion if it had been more pro-American. Yes, that simple.

57 posted on 08/05/2013 2:14:34 PM PDT by Rapscallion (Obama does not know how bad he really is.)
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To: DoughtyOne
Yes, who would want it. I agree.

It is easy to manipulate the value of an asset with the power of the press simply by promoting or panning it. When government gets too democratic, manipulating majority opinion is a way to use government to manipulate asset value, whether by ginning up regulations, lawsuits, or simply calling into question product safety. Even the timing of a news release can control the degree of profit made in the stock market.

Hence, the power to manipulate public opinion is a profitable asset even if the advertising and subscription revenues do not support continuing operations. Power is effectively power for sale. Always has been.

58 posted on 08/05/2013 2:14:43 PM PDT by Carry_Okie (Islam offers choices: convert, submit, or die.)
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To: Rapscallion

I have leaned your way in the past, but the folks who like hard copy are aging. They’re not going to be with us much longer. More and more digital media is the way to go.

I do like your argument, but I’m just not sure it’s going to be the big factor it used to be for maintaining print media. Online, perhaps...


59 posted on 08/05/2013 2:16:09 PM PDT by DoughtyOne (Kill the bill... Begin enforcing our current laws, signed by President Ronald Reagan.)
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To: Second Amendment First
But super-wealthy people like the Koch brother need not apply as their not allowed to own any of the flagship media.

You raise an interesting point. One wonders what is or isn't available to them. I certainly would like to see one less leftist MSM outlet, and also some competition for Fox as well.

60 posted on 08/05/2013 2:17:00 PM PDT by PGR88
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To: Catmom

You can read WaPo for free on their own site now. Bezos will charge. IMHO.


61 posted on 08/05/2013 2:17:42 PM PDT by Veto! (Opinions freely expressed as advice)
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To: Carry_Okie

Thanks for the comments Carry_Okie. I like what you had to say. I agree.


62 posted on 08/05/2013 2:18:35 PM PDT by DoughtyOne (Kill the bill... Begin enforcing our current laws, signed by President Ronald Reagan.)
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To: Second Amendment First

I think Amazon should change its name to ANACONDA.
It surrounds, pulverizes, kills everything in its path.

And have you ever actually looked at Bezos? Looks like a snake to me.


63 posted on 08/05/2013 2:20:01 PM PDT by Veto! (Opinions freely expressed as advice)
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To: DoughtyOne
It's is possible that Bezos is saying, I transformed the book market...and now I'm going transform the newspaper market.

I would bet that he plans to use the Post as his flagship in a paradigm busting transformation.

64 posted on 08/05/2013 2:20:31 PM PDT by RoosterRedux (Liberals' first line of defense is emotion...the fall back position is specious reasoning.)
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To: PGR88

They could try to launch a TV channel but no cable-satellite system is likely to carry it even if it was free for a year or two. They are too busy making space for channels like CURRENT, AL JAZEERA, PIVOT and Democracy Now!


65 posted on 08/05/2013 2:21:22 PM PDT by GeronL
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To: SamAdams76
It will be a fun hobby for me and I'm looking forward to it. I might even get to hang out at Martha's Vineyard with the "beautiful people" every once in a while.

Dang that sounds like a fun idea. Now I'm totally jelly of your future self.
66 posted on 08/05/2013 2:21:51 PM PDT by BJ1
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To: House Atreides
From one liberal to another.

Exactly what I was thinking.

Much ado about nothing—except Bezos will have cash to pour into it.

Less the piddly amount I USED to spend at Amazon and AmazonPrime.

67 posted on 08/05/2013 2:22:16 PM PDT by Jane Long (While Marxists continue the fundamental transformation of the USA, progressive RINOs stay silent.)
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To: RoosterRedux

I wouldn’t doubt he’ll try. I’m just not convinced he can.

We’ll see.


68 posted on 08/05/2013 2:22:58 PM PDT by DoughtyOne (Kill the bill... Begin enforcing our current laws, signed by President Ronald Reagan.)
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To: Second Amendment First

Now we know why Obema went to Amazon last week to deliver his speech on jobs.


69 posted on 08/05/2013 2:23:25 PM PDT by kabar
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To: USFRIENDINVICTORIA

He owns Amazon, not Netflix


70 posted on 08/05/2013 2:23:37 PM PDT by bigdaddy45
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To: unixfox

Yeah, a self made billionaire fool. He didn’t inherit Daddy’s money; the guy knows how to make his own. I wouldn’t underestimate him.


71 posted on 08/05/2013 2:24:48 PM PDT by bigdaddy45
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To: DoughtyOne
I am curious as to what kind of changes he has in mind.

As you say, we'll see.

72 posted on 08/05/2013 2:26:43 PM PDT by RoosterRedux (Liberals' first line of defense is emotion...the fall back position is specious reasoning.)
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To: House Atreides

So why is Obama using an Amazon warehouse as a stage setting for his speech on jobs? Amy Brundage, a deputy White House press secretary, said this to the Chattanooga Times Free Press: “The Amazon facility in Chattanooga is a perfect example of the company that is investing in American workers and creating good, high-wage jobs.” And: “What the president wants to do is to highlight Amazon and the Chattanooga facility as an example of a company that is spurring job growth and keeping our country competitive.”


73 posted on 08/05/2013 2:28:51 PM PDT by kabar
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To: Second Amendment First
Controversy Swirls Around Obama Speech at Amazon Facility
74 posted on 08/05/2013 2:31:09 PM PDT by kabar
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To: Second Amendment First

To which politicians has he donated? Cantwell. Murray. Leahy. Yuk.


75 posted on 08/05/2013 2:31:24 PM PDT by pghoilman (Earth First. We'll drill the rest of the galaxy later.)
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To: kabar

Are those Amazon warehouse workers “high wage” jobs?


76 posted on 08/05/2013 2:35:10 PM PDT by GeronL
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To: Second Amendment First
Creative journalism is dead. The obvious headline here was...

Bozos Sell To Bezos!

77 posted on 08/05/2013 2:38:01 PM PDT by TigersEye ("No man left behind" is more than an Army Ranger credo it's the character of America.)
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To: GeronL

What difference does it make? Obama must take care of a person of influence who can be part of his MSM team. No doubt, Bezos will send money and plaudits to the regime.


78 posted on 08/05/2013 2:38:13 PM PDT by kabar
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To: kabar

That much is obvious.

The Church of Obama has a daily newsletter in DC


79 posted on 08/05/2013 2:40:13 PM PDT by GeronL
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To: kabar

http://gawker.com/true-stories-of-life-as-an-amazon-worker-1002568208

Obama speaking at Amazon? Where workers are downtrodden? How typically smart of him.


80 posted on 08/05/2013 2:40:45 PM PDT by Veto! (Opinions freely expressed as advice)
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To: Second Amendment First

$60,000,000 for fish-wrapping or bird-cage-liner. Wow...this guy must have money to blow. Want to take bets on how long until it sell for less than newsweak?


81 posted on 08/05/2013 2:48:57 PM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: bigdaddy45

Yeah, I knew but forgot that. Actually, I was thinking (for no explicable reason) that he made his bundle with AOL (recall those ubiquitous AOL disks?). As I said in #55, it was a case of TBCRTWA. My bad.


82 posted on 08/05/2013 2:52:28 PM PDT by USFRIENDINVICTORIA
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To: Veto!

You can read WaPo for free on their own site now. Bezos will charge. IMHO.
*****************************************************************
But free for Amazon Prime members?


83 posted on 08/05/2013 2:53:27 PM PDT by House Atreides ( D)
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To: Second Amendment First
he'll be sorry...
84 posted on 08/05/2013 3:11:00 PM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -ww- NO Pity for the LAZY)
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To: Second Amendment First

Available on Kindle?


85 posted on 08/05/2013 3:24:13 PM PDT by jimfree (In November 2016 my 13 y/o granddaughter will have more quality exec experience than Barack Obama)
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To: RoosterRedux
There's little doubt anymore that the physical newspaper, sold on the corner or delivered to your home, is fading away. That said, the Washington Post is a premier brand name in news (whatever you want to say about their editorial politics) and could easily be turned into the standard bearer for an Amazon news operation that could compete with Google News, and seamlessly integrate with Amazon marketing.

It's a smart play.

86 posted on 08/05/2013 3:32:27 PM PDT by Bubba Ho-Tep ("More weight!"--Giles Corey)
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To: Colonel_Flagg

Bezos is a faggot? That explains his poor judgment.
But nothing can explain his horrendous judgment with this deal. The Graham family must be in full party mode, lol, while the the Pinch Sulzberger family sits around soiling itself.


87 posted on 08/05/2013 3:34:08 PM PDT by Lancey Howard
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To: Lancey Howard

Jeff Bezos is not gay. He’s been married for 20 years and has four kids.


88 posted on 08/05/2013 3:48:18 PM PDT by Bubba Ho-Tep ("More weight!"--Giles Corey)
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To: Second Amendment First
$250 million in cash for The Post and affiliated publications

My, how the mighty have fallen.

Spit.

5.56mm

89 posted on 08/05/2013 3:48:39 PM PDT by M Kehoe
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To: Second Amendment First

Jeff Bezos; the guy who turned his corporation, its data processing software and his data servers - to connect the data-dots about individuals - into service for the Obama election campaign; an unaccounted for in-kind campaign contribution.

If anything, we can expect the politicized left-biased editorial policies of the WashPost to only get worse.


90 posted on 08/05/2013 4:14:01 PM PDT by Wuli (uir)
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To: Bubba Ho-Tep

That’s what I am thinking.


91 posted on 08/05/2013 4:27:52 PM PDT by RoosterRedux (Liberals' first line of defense is emotion...the fall back position is specious reasoning.)
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To: House Atreides
...except Bezos will have cash to pour into it.

He'll need it. I guess this is going to be his hobby.

92 posted on 08/05/2013 4:53:38 PM PDT by Mike Darancette (Fight the culture of nothing.)
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To: Bubba Ho-Tep

How long was Jim McGreevey married, and how many kids does he have?


93 posted on 08/05/2013 4:59:01 PM PDT by Lancey Howard
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To: Jane Long

[[From one liberal to another]]

WHAT DIFFERENCE, AT THIS POINT, DOES IT MAKE!!!


94 posted on 08/05/2013 5:08:09 PM PDT by heye2monn
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To: DoughtyOne

Yep. Most likely a Boston Globe style operation that tends to circulate only in one city/region and focuses on investigation and reporting on major news stores in that region.


95 posted on 08/05/2013 5:43:24 PM PDT by matt04
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To: Second Amendment First; a fool in paradise

Do ace reporters Hoffman and Redford come with the sale?


96 posted on 08/05/2013 5:44:48 PM PDT by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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Chump change for Bezos

His Amazon stock is overpriced at like $300+

He’ll just sell alittle stock and voila he now has WAPO


97 posted on 08/05/2013 6:05:59 PM PDT by KavMan
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To: taildragger

“It will suck to be him...”

I wouldn’t go that far. He’s worth about 25 billion. He bought the newspaper for 250 million. Even if he sunk another 250 million into it (highly unlikely), he’d still only be out ~2% of his net worth. He may lose money on this deal, but he doesn’t have nearly enough exposure here for it to “suck to be him.”


98 posted on 08/05/2013 6:21:08 PM PDT by Conscience of a Conservative
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To: Second Amendment First
The Washington Post Co....one of America’s leading news organizations

Yep! Caused a full belly laugh! Snicker, snicker!

99 posted on 08/05/2013 6:26:28 PM PDT by Bushbacker1 (Molon Labe! (Oathkeeper))
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To: Second Amendment First

Yup. Bezos will make it more libtard.


100 posted on 08/05/2013 7:27:06 PM PDT by max americana (fired liberals in our company after the election, & laughed while they cried (true story))
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