Washington Post Sold to Amazon's Jeff Bezos
The Washington Post Co. announced on Monday that it has sold its newspaper to Amazon.com founder Jeff Bezos. The Post's Paul Farhi reported that Bezos "will pay $250 million in cash for The Post and affiliated publications to the Washington Post Co."
Farhi went on to report that Amazon "will have no role in the purchase" and that Bezos will be the "sole owner when the sale is completed." Readers of the Post should not expect a change in the liberal tone of the paper however.
A quick search of OpenSecrets.org shows Bezos contributed to Democratic candidates over Republicans by an 8 to 1 ratio. Dating back to October of 2000, Bezos donated a total of $16,000 to Democrats to just $2000 to GOP candidates.