Is it the end of one of America's greatest newspaper families?
The Washington Post, one of the country's oldest newspapers and bastions of investigative journalism, announced on Monday that is selling ownership of the paper to Amazon founder Jeff Bezos for $250 million. It seems that Bezos, a man whose business has conquered Washington State, is now going on to conquer Washington D.C.
The Graham family has owned control and editorial leadership of the Post for the past 80 years. The sale is expected to go through in the next 60 days.
Sheryl Gay Stolberg, political features writer for our partner The New York Times,says she was floored when she heard the news.
Stolberg's intimate profile of The Washington Post's Chairwoman and Publisher, Katharine Weymouth, whose mother's family was owned the paper since 1933, published only days before the sale was announced.
Today Stolberg joins us to talk about how Weymouth has sold the family dynasty in order to keep it alive.
The story you just read is freely available and accessible to everyone because readers like you support The World financially.
Thank you all for helping us reach our goal of 1,000 donors. We couldn’t have done it without your support. Your donation directly supported the critical reporting you rely on, the consistent reporting you believe in, and the deep reporting you want to ensure survives.