Bringing you essential news on restaurants, shopping, arts and other cultural happenings in Seattle. Subscribe to our newsletters, The Must List or Restaurant Insider, for weekly updates.
Jeff Bezos Buys the Washington Post
File this under your unpredictable, out-of-the-blue Monday afternoon news: Seattle Business magazine just blogged that Amazon.com founder and CEO Jeff Bezos is purchasing The Washington Post, according to the newspaper.
Seattle Business managing editor John Levesque writes:
The Post reports that Bezos will pay $250 million in cash for the Post and affiliated publications. Amazon is not involved in the deal. The Post quotes Bezos as saying he does not have a concrete plan for the newspaper going forward and that it is “uncharted terrain.”
Read The Washington Post's take on it here.