Jeff Bezos owner of The Washington Post
The Washington Post
On August 5, 2013, Bezos announced his purchase of The Washington Post for $250 million in cash, at the suggestion of his friend, Don Graham. To execute the sale, he established limited liability company Nash Holdings to serve as a holding company through which he would own the newspaper. The sale closed on October 1, 2013, and Nash Holdings took control. In March 2014, Bezos made his first significant change at The Washington Post and lifted the online paywall for subscribers of a number of U.S. local newspapers in Texas, Hawaii, and Minnesota. In January 2016, Bezos set out to reinvent the newspaper as a media and technology company by reconstructing its digital media, mobile platforms, and analytics software. After a surge in online readership in 2016, the paper was profitable for the first time since Bezos made the purchase in 2013.
possessor of holder of proprietor of controller of occupier of