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Posts Tagged ‘Katharine Weymouth’

Jeff Bezos to Buy Washington Post for $250 Million

The Washington Post Company has signed a contract to sell The Washington Post and other papers to Jeff Bezos for $250 million. This is Bezo’s buy alone, it has no ties to Amazon.com Inc., which Bezos founded and remains CEO.

The deal includes the Post, the Express News, the Gazette Newspapers, Southern Maryland Newspapers, Fairfax County Times, El Tiempo Latino and Greater Washington Publishing. Washington Post Company will retain Slate, TheRoot and Foreign Policy. 

Katharine Weymouth (CEO and publisher); Stephen Hills (president and general manager); Martin Baron (executive editor); and Fred Hiatt (editorial page editor) will continue in their roles at the Post.

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Before The Scandal, WaPo Publisher Weymouth Talked New Revenue Streams At Aspen Ideas Fest

While we were immersed in the Personal Democracy Forum in New York last week, the Aspen Ideas Festival was underway out west.

The conference, hosted by the Aspen Institute and The Atlantic was chock full of media movers and shakers discussing weighty topics (that we love) like the future of journalism. It’s taking us awhile to sift through all the video clips (suggestions and tips welcome) but we did find Washington Post publisher Katharine Weymouth espousing “disciplined cost cutting and finding new revenue streams” in the clip above.

Meanwhile, news of one new revenue stream designed by the Post — off the record salons with reporters in return for cash — broke while Weymouth was in Aspen. (Listen in to today’s podcast for more about the salons.)

In the clip above Weymouth, speaking on the “What’s Next for the News Business” panel, said papers had gotten “fat in the happy years that I tragically missed.” She pointed out that in its glory days, when it broke the Watergate scandal, the Post‘s newsroom was half the size it is today.

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Scenes From Today’s HuffPo Luncheon

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Arianna Huffington and panel host Charlie Rose.

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WaPo‘s Katharine Weymouth and SNL‘s Fred Armisen.

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Will.i.am

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Arianna and our debate live-blogging hero, NYT‘s Kit Seelye

At the HuffPo Luncheon With Charlie Rose, Et Al.

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The HuffPo brunch at the Brown Palace (real name) in downtown Denver is about to begin, that is, if they can solve the mic problems. Also, there is no stage making it hard to see the participants: someone just told George Stephanopoulos to stand up, “it won’t help that much,” he says. Other panelists include Katharine Weymouth, Wili.i.am, George, and Rahm Emmanuel (who just said this is like an old-school synagogue).

It’s a measure of Arianna’s meteoric online rise since the last election that there are currently so many heavy hitters in this room — one wonders who is left to cover the convention. TVNewser is twittering.

The Future of Newspapers: Gazing into the Crystal Kindle Ball

weymouth-katharine-port-printplant-large.jpgWell it looks like at least one person is keeping a positive outlook on the future of newspapers. She even seems to have some “ideas.” Who is this crazy Pollyanna? Well that would be new WaPo publisher Katharine Weymouth (she was recently profiled by Lloyd Grove for Portfolio) who appeared rather upbeat when she spoke with On the Media the other day about the future of the industry. Here’s some of what she had to say.

I guess I think there’s a lot of hope, right? I mean, you know, 600 odd thousand people every single day buy our paper, and that’s the actual physical copy.

We have 9 million unique visitors every month on the Web. You know, my daughter, who’s eight, is reading books on the Kindle. And I went on vacation a week ago and I took the Kindle with me, because I couldn’t get the Washington Post, and I read the Washington Post every day on the Kindle.

I mean, I think the world is changing. But we’ve seen movies go through this, we’re seeing music go through this. Other industries have evolved and survived to see another day, and I think we will be one of them.

WaPo Names Brauchli Top Editor

brauchli-190.jpgPolitico, FishbowlDC and Portfolio have been predicting it for a while (though maybe the Times doesn’t read other blogs?), and now it’s official: the Washington Post has named Marcus W. Brauchli as its new executive editor.

Brauchli’s appointment follows a period of some upheaval at WaPo that saw a large buyout at the paper as well as the appointment of new publisher Katharine Weymouth. Long-time WaPo executive editor Len Downie announced his retirement last month, and many see this appointment as Weymouth’s attempt to “put her stamp on one of the nation’s great newspapers.” Brauchli was most recently managing editor at the Wall St. Journal but resigned in April amidst rumors that he no longer felt welcome under Rupe‘s new regime. Is this just the beginning of structural changes at WaPo? FBDC seems to think so, apparently they’ve been hearing that that some managing editors may be added to the mix or that an entirely different leadership structure may eventually be put in place. They also have Weymouth’s full memo announcing the appointment.