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Posts Tagged ‘Jeff Bezos’

‘Post-Newsweek’ Name Retired, Company Now ‘Graham Media Group’

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Post-Newsweek Stations announced today the company would now be known as Graham Media Group, effective immediately. The name change comes after the sale of The Washington Post to Amazon CEO Jeff Bezos. The company owns five television stations, WJXT in Jacksonville, WDIV in Detroit, KPRC in Houston, KSAT in San Antonio, and WKMG in Orlando.

In a statement, Emily Barr, president and CEO of Graham Media Group, said the new name was a better fit for the company:

“Much like our parent company, Graham Holdings, this new name better reflects the diversity of our creative and innovative company,” said Emily Barr, president and CEO of Graham Media Group. “We provide our communities with the best local news, programming and critical information, delivered on-air, on-line and on-demand, via our television stations, websites and social media, as well as 90 news, weather and community-focused mobile apps. In addition, we have recently made a strategic investment in Storm Pins, a crowd-sourced, social weather and breaking news app that connects you to your community, and we continue to look for ways to expand our reach into local communities through innovative digital media and web-based communications.”

Miami station WPLG, previously a Post-Newsweek station, was sold this year to Warren Buffet’s Berkshire Hathaway

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Post-Newsweek Stations Not Part of Jeff Bezos’ Deal to Buy Washington Post

Amazon founder and CEO Jeff Bezos is buying The Washington Post Company’s newspaper business, including The Washington Post, for $250 million.

The acquisition does not include the Post-Newsweek station group, Cable ONE, Slate magazine, TheRoot.com, Foreign Policy and Kaplan are also not included in the deal. The Washington Post Company will be changing its name.

The broadcasting division, which still carries the name of the magazine the company sold in 2010 (It was sold again over the weekend to IBT Media), is headquartered in Detroit at station WDIV. Post-Newsweek also owns WJXT in Jacksonville, KPRC in Houston and KSAT in San Antonio.

Two other Post-Newsweek Stations are named for members of the Graham family, which has controlled the company since 1933: the call letters for WPLG in Miami are for Philip Leslie Graham, and the call letters for WKMG in Orlando stand for his wife Katharine Meyer Graham. Their son, Donald Graham is now CEO of the company. In a news release announcing the sale of the namesake newspaper, Graham writes, “Jeff Bezos’ proven technology and business genius, his long-term approach and his personal decency make him a uniquely good new owner for the Post.”

Bezos is purchasing the newspapers through a personal investment entity that is separate from Amazon. The official announcement after the jump. Read more

‘Cubes’ Takes a Behind-the-Scenes Tour of Audible

In this episode of “Cubes,” we take a behind-the-scenes tour of Audible.com. The Amazon-owned audiobook company is headquartered in the heart of Newark, NJ and its office has played host to Jeff Bezos and George R.R. Martin, among other literary luminaries, as well as a ton of top-flight voice actors who narrate Audible’s books in state-of-the-art studios.

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