First, the Boston Globe was sold for a 93% loss by the NYT; now, the WaPost has sold to the owner of Amazon.

Politico makes the announcement the Washington Post could not:  The transaction covers The Washington Post and other publishing businesses, including the Express newspaper, The Gazette Newspapers, Southern Maryland Newspapers, Fairfax County Times, El Tiempo Latino and Greater Washington Publishing.
In a separate letter to staff, Bezos promised that his ownership would bring no radical change to the paper's core values, but said the paper would need to "invent" and "experiment" to keep pace with the transformations in digital journalism.

"The values of The Post do not need changing," he wrote. "The paper’s duty will remain to its readers and not to the private interests of its owners. We will continue to follow the truth wherever it leads, and we’ll work hard not to make mistakes. When we do, we will own up to them quickly and completely."  
Editor's notes:  Bezos' promise for the status quo,  or something similar,  is unbelievable.  The WaPost has been under the same ownership for 80 years and is considered the second most influential paper in the States.  Weeks before,  the New York Times was forced to take a 93% loss on his money,  and sold the Boston Globe.  CNN and MSNBC have trade places for last place in the cable news ratings while FOX NEWS continues to set records,  year after year.  
"No changes?"  We all know that the paper would not have sold if times were good,  but they are not and I believe the Left has the feckless  . . . . . .  the obviously feckless,  Obama to thank for the mess in which the Lefties find themselves  ---------   and to think,  after the 2008,  all we heard were news ledes predicting the total and irreversible demise of conservative politics.  Of course,  it is far too early to start dancing in the streets.

No comments:

Post a Comment