Bezos could have saved The Washington Post’s local news and sports reporters
The Verge • • business
Key Points:
- The Washington Post recently laid off 400 staffers and closed several desks, including its sports and local sections, despite a proposal from Washington City Paper owner Mark Ein to purchase and maintain those sections, which was abruptly ended.
- Insiders remain puzzled about Jeff Bezos’s continued ownership of the Post, with some suggesting he aims to minimize losses without clear benefits, while others speculate he maintains it for influence or strategic options related to Donald Trump.
- Newsmax CEO Chris Ruddy testified against the $6.2 billion Nexstar-Tegna merger, arguing it would increase media consolidation and harm local news, while the merger has received mixed signals from Trump, who initially opposed but later supported it, influenced by pro-merger ad campaigns targeting him.
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