Originally published on Tue August 6, 2013 8:03 am
View of the front page of the October 30, 2009 edition of The Washington Post.
Credit Nicholas Kamm / AFP/Getty Images
The Washington Post Co. will sell its flagship newspaper and one of the most respected news organizations in the country to Amazon.com founder Jeffrey P. Bezos, the company announced in a press release. The Post has been a family-owned business for four generations.
Amazon, the company said, will play no role in the purchase. Bezos is making the purchase personally.
A man walks out of <em>The Boston Globe</em> headquarters on Feb. 20, the day The New York Times Co. said it planned to sell the paper.
Credit Darren McCollester / Getty Images
The New York Times Co. has announced the sale of The Boston Globe to the principle owner of the Boston Red Sox for $70 million, a sum that represents a fraction of the $1.1 billion paid for the flagship newspaper two decades ago.