USA

Analysts See Washington Post Purchase As Timelyi
X
August 07, 2013 12:03 AM
Amazon founder Jeff Bezos is buying one of the top U.S. newspapers. The Washington Post announced Monday that Bezos is buying the paper and its affiliated publications for $250 million. The news surprised many in the news industry. But as Mil Arcega reports, some analysts say the deal may be good for the struggling newspaper business.

Analysts See Washington Post Purchase As Timely

Published August 06, 2013

Amazon founder Jeff Bezos is buying one of the top U.S. newspapers. The Washington Post announced Monday that Bezos is buying the paper and its affiliated publications for $250 million. The news surprised many in the news industry. But as Mil Arcega reports, some analysts say the deal may be good for the struggling newspaper business.


You May Like

Multimedia Anti-Keystone XL Protests Continue

Demonstrators are worried about pipeline's effect on climate change, their traditional way of life, health and safety More

Thailand's Political Power Struggle Continues

Court gave Prime Minister Yingluck Shinawatra until May 2 to prepare her defense over abuse of power charges but uncertainty remains over election timing More

Malaysia Plane Search Tests Limits of Ocean Mapping Technology

Expert tells VOA existing equipment’s maximum operating depth is around 6 kilometers as operation continues on ocean bed for any trace of MH370 More