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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
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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 (IÂ’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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