Three key factors in Jeff Bezos’s acquisition of The Washington Post
Jeff Bezos agreed to the acquisition of the Washington Post for $250M on August 5, 2013. As it is known, the numbers of The Washington Post are not encouraging. In the first half of 2013, The Post reported losses of $49 million, and an average weekly circulation decline of 8.4% compared to the same period last year.
This article, which appeared in The Post the first week of September, shares some insights on what Bezos has in mind. Read more...