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Bezos acquired The Washington Post in 2013 from "summary" of The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone
In 2013, Bezos made a surprising move when he acquired The Washington Post. The newspaper, founded in 1877, had been struggling with declining circulation and advertising revenue. Bezos’ purchase of The Washington Post for $250 million raised eyebrows and sparked speculation about his motivations for buying a traditional media organization. Bezos was not interested in The Washington Post as a financial investment but saw it as an opportunity to experiment with new business models and technologies. He believed that the newspaper’s long history of quality journalism and its loyal readership made it a valuable asset. Bezos was also intrigued by the potential for using The Washington Post as a platform for testing new ideas and inno...
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