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Journalists respond with snark and awe to Washington Post sale
The Hill's Twitter Room ^ | August 5, 2013 | Lara Seligman

Posted on 08/05/2013 5:48:36 PM PDT by 2ndDivisionVet

Journalists responded with shock, awe and a predictable amount of snark to the news that Amazon.com founder Jeff Bezos had bought The Washington Post.

The news was announced Monday afternoon. Bezos himself, rather than his company, bought the Washington newspaper for roughly $250 million.

The sale includes just the Post and not other publications owned by The Washington Post Company. Esquire's Chris Jones joked about Bezos's decision not to buy the contrarian Slate.com, which The Washington Post Company owned for the last few years.....

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; US: District of Columbia
KEYWORDS: amazon; dbm; jeffbezos; kaplan; media; msm; presstitutes; wapo; washingtonpost

1 posted on 08/05/2013 5:48:36 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

Bezo does not always make financially golden decisions.
His money to squander I guess.


2 posted on 08/05/2013 6:01:25 PM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: MrEdd

I will however be interesting to see what he does with the newspaper


3 posted on 08/05/2013 6:03:18 PM PDT by Fai Mao (Genius at Large)
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To: MrEdd

is he liberal and wanting to prop up a liberal news icon such as the Post?? if so, would be a liberal putting his money where his mouth is.

Newspapers and news organizations are facing very difficult times financially. Hard to imagine investing in a newspaper will be a good long term investment.


4 posted on 08/05/2013 6:04:32 PM PDT by Dilbert San Diego
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To: Fai Mao

I don’t think we wrap fish in newspapers any more although many of them do smell fishy. However, street vendors in the formerly great Britain still wrap fish and chips in newspapers so he may be going for the foreign market as a status symbol sort of thing.


5 posted on 08/05/2013 6:12:12 PM PDT by RetiredTexasVet (The only growth industries left under Progressives are government and poverty.)
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To: 2ndDivisionVet

I wouldn’t have paid $2.50 for it.


6 posted on 08/05/2013 6:24:51 PM PDT by Venturer ( cowardice posturing as tolerance =political correctness)
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To: 2ndDivisionVet

This will be interesting to watch. Like him or not he is a pretty sharp guy. He might change the way we get news.


7 posted on 08/05/2013 6:28:54 PM PDT by Lurkina.n.Learnin (If global warming exists I hope it is strong enough to reverse the Big Government snowball)
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To: All

I didn’t know that ‘contrarian’ meant predictably left wing.


8 posted on 08/05/2013 6:30:41 PM PDT by pluvmantelo (A Greenie is one distraught that somewhere, someone is living above subsistence level.)
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To: Dilbert San Diego

He only paid $250 million out of his own pocket (not Amazon’s) for the whole kit-and-caboodle, including Kaplan’s http://www.kaplan.com which is throwing off money, IIRC. Might be he stole it.


9 posted on 08/05/2013 6:32:42 PM PDT by 2ndDivisionVet (I aim to raise a million plus for Gov. Palin. What'll you do?.)
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To: RetiredTexasVet

When I was stationed in Korea many moons ago, the vendors and stalls would use our disposed of paper (off the military installations) to make bags for snacks, food markets and other shops. One night I was eating $1 worth of fried shrimp (probably 2-3 lbs) and when I got done, I noticed that the paper they used was marked SECRET.


10 posted on 08/05/2013 6:36:15 PM PDT by 2ndDivisionVet (I aim to raise a million plus for Gov. Palin. What'll you do?.)
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To: Lurkina.n.Learnin

As has been discussed ad infinitum on the drive by media threads, more and more the public demands a discussion - not a lecture. First rate news delivery requires discussion allowing for answers and correction by the reporter. This was one of the factors that drew me to Bill Roggio’s site in the late nineties.

The writers at the post would need to change a lot to be able to compete with the rising competition out there.

I don’t see it happening for the aging leftists they’ve got.


11 posted on 08/05/2013 6:38:00 PM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: 2ndDivisionVet

Journalists are pissed?

Then it must be a good move.

Bezo is a flaming liberal, IIRC. Very pro-sodomy. :(


12 posted on 08/05/2013 7:00:49 PM PDT by SoFloFreeper
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To: 2ndDivisionVet

How much was it worth at it’s most?


13 posted on 08/05/2013 7:31:44 PM PDT by Jack Hydrazine (I’m not a Republican, I'm a Conservative! Pubbies haven't been conservative since before T.R.)
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To: Jack Hydrazine

Probably billions. The NYT bought the Boston Globe for a billion and just sold it for $70 million.


14 posted on 08/05/2013 7:34:07 PM PDT by 2ndDivisionVet (I aim to raise a million plus for Gov. Palin. What'll you do?.)
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To: MrEdd

He said outright that “newspapers will not be published 20 years from now”.

Sounds like he’s planning on building an online presence on the name alone. I wouldn’t.


15 posted on 08/05/2013 7:36:34 PM PDT by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: Jack Hydrazine

Newsweek went for a dollar to turn it into the “Daily Beast”. So, more than a dollar.


16 posted on 08/05/2013 7:37:46 PM PDT by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: Dilbert San Diego

He is libertarian.


17 posted on 08/05/2013 7:39:47 PM PDT by mlo
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To: 2ndDivisionVet

MSM journalst lost their honor and integrity years ago...if indeed they ever had them.

Their snark is snot and no one cares any longer.


18 posted on 08/05/2013 7:45:18 PM PDT by Da Coyote
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To: 2ndDivisionVet

My first reaction on seeing those reactions was “these people get paid for writing?” Oh, well. Madonna gets paid for singing.


19 posted on 08/05/2013 7:48:57 PM PDT by Billthedrill
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To: Venturer

I would.

And then I would make major changes in the news coverage. I’d remove the constant liberal slant on everything and I’d cover stories that the liberals are afraid to touch.


20 posted on 08/05/2013 8:03:29 PM PDT by generally (Don't be stupid. We have politicians for that.)
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To: 2ndDivisionVet

The NYT got a measly $70M for selling the Boston Globe for which it paid $1.1B not that long ago. The Post Company probably decided to get while the getting is good. Interesting both The Post and Globe bought by very wealthy individuals vs other media entities.

The Post, the newspaper, has been operating in the red for a long, long time, with profits to sustain it coming from Kaplan and maybe some real estate interests.

We’re not likely to see any shake up in the news room any too soon.


21 posted on 08/05/2013 8:10:01 PM PDT by EDINVA
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To: generally

You mean like a certain Social Security Card and a Birth Certificate.


22 posted on 08/05/2013 8:41:06 PM PDT by Venturer ( cowardice posturing as tolerance =political correctness)
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To: Fai Mao; Dilbert San Diego

he is an Obama supporter and donated 88% to Democrats


23 posted on 08/05/2013 8:47:28 PM PDT by GeronL
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To: mlo

Obama supporter who donated 88% to Democrats


24 posted on 08/05/2013 8:49:43 PM PDT by GeronL
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To: 2ndDivisionVet

I did a search on Amazon for bird cage lining, and it came back with “Washington Post,” 7 new, 25 used.


25 posted on 08/05/2013 11:49:53 PM PDT by twister881
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To: 2ndDivisionVet
Probably billions. The NYT bought the Boston Globe for a billion and just sold it for $70 million.

What was the Washington Post (Pest) bought for before? Inquiring Minds want to know.

26 posted on 08/06/2013 12:46:48 AM PDT by sr4402
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To: sr4402
What was the Washington Post (Pest) bought for before? Inquiring Minds want to know.

Answering my own question, it was bought about 40 years ago by the last owners so the question may be difficult to ascertain. However, the liberal/progressive Pests hemorrhaging has been obvious.

The Washington Post has had a 44 percent reduction in operating revenues in 6 years, and a 7 percent decline in its print readership.

27 posted on 08/06/2013 2:48:47 AM PDT by sr4402
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To: Venturer

Exactly. That would be a good start.

Next up “phony scandals”. I’d cover them daily. I’d start a column called “Get to the Bottom of this” where I’d pick an important story and cover it daily until the full story was out. Too often, journalists cover the breaking story, then it gets brushed under the rug and then we never find out what happened. I’d post daily updates until the issue was resolved.

For example, the birth certificate, or the mysterious deaths of various people associated with the Clintons or with Chicago politics. I’d find out what passport Zippy used to travel to Pakistan. I’d find out why his author’s bio “inadvertently” listed him as being born in Kenya. Lying then or lying now? I’d find out how he got into Columbia and Harvard and whether he was a foreign student.

I’d find out what really happened to TWA 800. I’d find out what we were doing in Benghazi (though I’m pretty sure I know already).

I think another thing that would be interesting to do would be to track the comings and goings of various politicians. I’d pay “citizen journalists” for photos of them and their vehicles with time/date stamps on them and put them in a database available to the public. We’ve been told that it’s perfectly legal and justifiable to have big brother cameras on every street corner and that we have no expectation of privacy when we are on the street. Let’s see how the lawmakers like it when they become the subjects of interest. After all, as they keep telling us, if you have nothing to hide then it should not upset you.

That would be a good start. We’ll see how circulation does after I institute those features.


28 posted on 08/06/2013 7:36:42 AM PDT by generally (Don't be stupid. We have politicians for that.)
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To: Venturer

Another thing I’d cover would be the flip side of biased reporting. I would certainly cover racist acts by whites against blacks, but I would also cover with equal column inches (per event) the racist acts by blacks against whites.

I would run crime statistics very prominently, broken down by race, gender, socioeconomic status or whatever seemed relevant. I would also run statistics on welfare and government handout programs. I’d like people to know who is receiving the benefits that their taxes are paying for.

I might still feature the heartwarming story of the welfare mom who goes on to get her medical degree and save lives, but I’d also balance that with the statistics of how many welfare moms produce another dependent generation, how many die of drug overdoses, etc.

IMO, one of the reasons there is so much black on white violence is that blacks are constantly bombarded with the message that they are being victimized by whites and that whites are racist. I believe that it makes certain individuals feel somehow justified when they lash out and behave in a violent, racist manner. If they (and all of us) were presented with a true picture of what is really happening, it might improve the situation. There will always be jerks of every color, but a few facts might reduce their numbers.

The liberals depend on biased reporting to set one group against another. I’d publish the truth for all to see.

I’d have both liberals and conservatives on staff. I’d let them argue in the pages of the paper. But I would insist that arguments be based on facts and would not publish lies. I’d want to have a point/counterpoint dialog and would force the writers to stay on topic and answer questions that were put to them.

That should do for starters.


29 posted on 08/06/2013 7:53:33 AM PDT by generally (Don't be stupid. We have politicians for that.)
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To: 2ndDivisionVet
Answer to how much loss the Washington Post had. From Newsbusters

"Ten years ago, the Washington Post was worth $2 billion. On Monday, it sold for $250 million, an 87 percent loss."

Read more: http://newsbusters.org/blogs/randy-hall/2013/08/08/closer-look-ownership-boston-globe-washington-post#ixzz2bQ7RLsw4

30 posted on 08/08/2013 3:44:25 PM PDT by sr4402
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