The Pentagon’s increasingly eclectic Defense Innovation Advisory Board has reached full strength, with celebrity astrophysicist Neil deGrasse Tyson and Amazon.com founder Jeffrey P. Bezos among the latest named to a group that includes some of the private sector’s most successful leaders.Continue reading »
Washington Post finalizes $250 million sale to Bezos, a deal that was announced in August.
The Washington Post now fully belongs to billionaire Jeff Bezos.
The Washington Post Co., which had owned the paper, said Tuesday that it has finalized selling that part of the company to the founder and chairman of Amazon.com, a deal that was announced in early August and shocked the media industry.
In paying $250 million in cash for the paper, Bezos gains control of the fabled but struggling publication that had been controlled by four generations of the Graham family.
A few months after investing some pocket change into the slideshow-focused “Business Insider”, Jeff Bezos has decided to buy the Washington Post newspaper publishing business, including the WaPo paper itself for $250 MM. The headline blast:
Jeffrey P. Bezos to purchase Washington Post, Express, Gazette, other Greater Washington, DC papers — deal valued at $250 million #breaking
It is unclear if the online version of WaPo goes with it, but most likely the answer is yes. It is also unclear just what Bezos’ strategy is for the hard-version of the WaPo: maybe instead of selling 450,000 daily copies at $1.25, Bezos will sell 450,000,000,000 at -$1.25?
So long-overdue consolidation in the media space by rich, bored billionaires, or just the imminent arrival of even more slideshows, and even more epic losses to be “made up with volume”? Only time will tell.
The full press release, for now not in slideshow format, and precisely zero kittens:
The Washington Post Company (WPO) announced today that it has signed a contract to sell its newspaper publishing businesses, including The Washington Post newspaper, to Jeffrey P. Bezos.
The purchaser is an entity that belongs to Mr. Bezos in his individual capacity and is not Amazon.com, Inc. Continue reading »
“Thanks to the fantastic work of Bilderberg activists, journalists and the Swiss media, we have now been able to obtain the full official list of 2011 Bilderberg attendees. Routinely, some members request that their names be kept off the roster so there will be additional Bilderbergers in attendance.
Coene, Luc, Governor, National Bank of Belgium
Davignon, Etienne, Minister of State
Leysen, Thomas, Chairman, Umicore
Fu, Ying, Vice Minister of Foreign Affairs
Huang, Yiping, Professor of Economics, China Center for Economic Research, Peking University
Eldrup, Anders, CEO, DONG Energy
Federspiel, Ulrik, Vice President, Global Affairs, Haldor Topsøe A/S
Schütze, Peter, Member of the Executive Management, Nordea Bank AB
Ackermann, Josef, Chairman of the Management Board and the Group Executive Committee, Deutsche Bank
Enders, Thomas, CEO, Airbus SAS
Löscher, Peter, President and CEO, Siemens AG
Nass, Matthias, Chief International Correspondent, Die Zeit