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Amazon's Jeff Bezos buys Washington Post

  • WASHINGTON, DC - AUGUST 05: The Washington Post building is shown after the announced sale of the newspaper August 5, 2013 in Washington, DC. The Graham family has agreed to sell the flagship newspaper for $250 million to Amazon.com founder Jeff Bezos. Win McNamee/Getty Images/AFP
    1/8

    Jeff Bezos buys Washington Post

    WASHINGTON, DC - AUGUST 05: The Washington Post building is shown after the announced sale of the newspaper August 5, 2013 in Washington, DC. The Graham family has agreed to sell the flagship newspaper for $250 million to Amazon.com founder Jeff Bezos. Win McNamee/Getty Images/AFP
    AFP/ Getty
  • WASHINGTON, DC - AUGUST 05: The Washington Post building is shown after the announced sale of the newspaper August 5, 2013 in Washington, DC. The Graham family has agreed to sell the flagship newspaper for $250 million to Amazon.com founder Jeff Bezos. Win McNamee/Getty Images/AFP
    2/8

    Jeff Bezos buys Washington Post

    WASHINGTON, DC - AUGUST 05: The Washington Post building is shown after the announced sale of the newspaper August 5, 2013 in Washington, DC. The Graham family has agreed to sell the flagship newspaper for $250 million to Amazon.com founder Jeff Bezos. Win McNamee/Getty Images/AFP
    AFP
  • äA man departs The Washington Post building on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI
    3/8

    Jeff Bezos buys Washington Post

    äA man departs The Washington Post building on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI
    AFP
  • çA man walks past The Washington Post building on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI
    4/8

    Jeff Bezos buys Washington Post

    çA man walks past The Washington Post building on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI
    AFP
  • ~A Washington Post newspaper box (L) stands beside the empty box of competitor Washington Times (R) outside the Washington Post on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
    5/8

    Jeff Bezos buys Washington Post

    ~A Washington Post newspaper box (L) stands beside the empty box of competitor Washington Times (R) outside the Washington Post on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
    Getty Images
  • The main entrance to The Washington Post is seen on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos has agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
    6/8

    Jeff Bezos buys Washington Post

    The main entrance to The Washington Post is seen on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos has agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
    Getty Images
  • The Washington Post is seen on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
    7/8

    Jeff Bezos buys Washington Post

    The Washington Post is seen on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
    Reuters
  • BA man walks through the lobby of the Washington Post on August 5, 2013 in Washington, DC, with the Post' s Online announcement that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
    8/8

    Jeff Bezos buys Washington Post

    BA man walks through the lobby of the Washington Post on August 5, 2013 in Washington, DC, with the Post' s Online announcement that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
    Getty Images
WASHINGTON, DC - AUGUST 05: The Washington Post building is shown after the announced sale of the newspaper August 5, 2013 in Washington, DC. The Graham family has agreed to sell the flagship newspaper for $250 million to Amazon.com founder Jeff Bezos. Win McNamee/Getty Images/AFP
WASHINGTON, DC - AUGUST 05: The Washington Post building is shown after the announced sale of the newspaper August 5, 2013 in Washington, DC. The Graham family has agreed to sell the flagship newspaper for $250 million to Amazon.com founder Jeff Bezos. Win McNamee/Getty Images/AFP
äA man departs The Washington Post building on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI
çA man walks past The Washington Post building on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI
~A Washington Post newspaper box (L) stands beside the empty box of competitor Washington Times (R) outside the Washington Post on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
The main entrance to The Washington Post is seen on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos has agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
The Washington Post is seen on August 5, 2013 in Washington, DC, after it was announced that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
BA man walks through the lobby of the Washington Post on August 5, 2013 in Washington, DC, with the Post' s Online announcement that Amazon.com founder and CEO Jeff Bezos had agreed to purchase the Post for USD 250 million. Multi-billionaire Bezos, who created Amazon, which has soared in a few years to a dominant position in online retailing, said he was buying the Post in his personal capacity and hoped to shepherd it through the evolution away from traditional newsprint. AFP PHOTO/Brendan SMIALOWSKI (Photo credit should read BRENDAN SMIALOWSKI/AFP/Getty Images)
Updated

Amazon.com Inc founder Jeff Bezos will buy the Washington Post newspaper for $250 million in a surprise deal.