{"id":976,"date":"2013-08-06T09:08:19","date_gmt":"2013-08-05T23:08:19","guid":{"rendered":"https:\/\/reckoner.com.au\/?p=976"},"modified":"2013-08-08T14:04:17","modified_gmt":"2013-08-08T04:04:17","slug":"jeff-bezos-buys-washington-post-for-250m","status":"publish","type":"post","link":"https:\/\/reckoner.com.au\/news\/jeff-bezos-buys-washington-post-for-250m\/","title":{"rendered":"Jeff Bezos Buys Washington Post for $250m"},"content":{"rendered":"<blockquote><p>The Washington Post Co. has agreed to sell its flagship newspaper to Amazon.com founder and chief executive Jeffrey P. Bezos, ending the Graham family\u2019s stewardship of one of America\u2019s leading news organizations after four generations.<\/p><\/blockquote>\n<p>The deal is worth $250 million in cash. On the surface, it seems like an odd move by Bezos\u2014the Washington Post has been on a steady decline for the last few years\u2014but he&#8217;s obviously no dummy.<\/p>\n<p>I have no doubt there&#8217;s a plan behind the scenes to deliver the paper in future with digital distribution via Amazon.\u00a0Also worth thinking about: ownership also gives Amazon a respected media mouthpiece to beef up their US political lobbying muscle for the future.<\/p>\n<p>Strange times.<\/p>\n","protected":false},"excerpt":{"rendered":"The Washington Post Co. has agreed to sell its flagship newspaper to Amazon.com founder and chief executive Jeffrey&hellip;\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"link","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[10],"tags":[],"jetpack_publicize_connections":[],"reckoner_social_message":null,"_links":{"self":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts\/976"}],"collection":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/comments?post=976"}],"version-history":[{"count":0,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/posts\/976\/revisions"}],"wp:attachment":[{"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/media?parent=976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/categories?post=976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reckoner.com.au\/wp-json\/wp\/v2\/tags?post=976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}