Tags: washington | post | sale | bezos

Washington Post Sale an 'End of an Era'

Monday, 05 Aug 2013 09:33 PM

By Audrey Hudson

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The sale of the renowned Washington Post to Amazon founder Jeff Bezos came as a surprise to current and former writers who say the Graham family's decision to part with America's newspaper of record illuminates how tough it's been for the struggling industry to stay in business.

Sally Quinn, a Post columnist and wife of famed editor Ben Bradlee, told Politico the sale marks "the end of an era, but life moves on."

The sale leaves the New York Times as the last family-owned newspaper in the U.S.
"We've seen L.A. Times and Boston Globe go. But that's the new media," Quinn said.

Former Post media critic Howard Kurtz expressed his thoughts on a Twitter feed, noting that "journalism is expensive" but that Bezos would leave a great legacy if he could revitalize the paper.

"Not sure how head of Amazon turns around an aging newspaper … Maybe he just subsidizes good journalism," Kurtz said.

Journalism-as-vanity-project-for-rich-guy has a long and storied tradition in America, but it's not likely in this case, reports Slate, a property of the Washington Post Company but not part of the sale.

Although the onetime financial behemoth in journalism sold for a pittance of $250 million, former Postie and Dallas Morning News editorial writer Tod Robberson says it's too bad the Graham family has abandoned the industry.

"The Graham family appears to be parachuting before the jumbo jet crashes. That’s just so sad," Robberson said.



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