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

    Brexit Vote Triggers Increase in Racist Attacks

    Britain's decision to leave European Union seen by some as 'permission' to unleash anti-immigrant resentment

    Russian Military Tests Readiness With Snap Inspections

    Some observers see surprise drill as tit-for-tat response to NATO’s recent multinational military exercises in Baltic region

    AIIB Takes Big Strides Amid Fears About China's Dominance

    Asian Infrastructure Investment Bank says it is independent, but concerns persist; China holds 20.6 percent of bank's shares, others have less than 7.5 percent each