Bezos does in the case of the Washington Post. Archived Message
Posted by Mary on December 20, 2020, 9:48 am, in reply to "Who owns the media? Top newspaper, website and magazine owners charted By Ben Van Der Merwe"
'On August 5, 2013, Bezos announced his purchase of The Washington Post for $250 million in cash. To execute the sale, he established limited liability company Nash Holdings to serve as a holding company through which he would own the newspaper. The sale closed on October 1, 2013, and Nash Holdings took control. In March 2014, Bezos made his first significant change at The Washington Post and lifted the online paywall for subscribers of a number of U.S. local newspapers in Texas, Hawaii, and Minnesota. In January 2016, Bezos set out to reinvent the newspaper as a media and technology company by reconstructing its digital media, mobile platforms, and analytics software. Throughout the early years of ownership, Bezos was accused of having a potential conflict of interest with the paper. Bezos and the newspaper's editorial board have dismissed accusations that he unfairly controlled the paper's content and Bezos maintains the paper's independence. After a surge in online readership in 2016, the paper was profitable for the first time since Bezos made the purchase in 2013.' Wikipedia
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| Message Thread:
- Who owns the media? Top newspaper, website and magazine owners charted By Ben Van Der Merwe - Keith-264 December 19, 2020, 10:40 pm
- Pertinent to this... - Raskolnikov December 20, 2020, 8:36 am
- Bezos does in the case of the Washington Post. - Mary December 20, 2020, 9:48 am
- You also have to look at - ken December 20, 2020, 1:27 pm
- Can't recall when I last thought TYT was worthy, maybe some time well before Libya, 2011... - Shyaku December 22, 2020, 6:31 am
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