Kara Swisher Seeks Consortium to Buy Washington Post
Kara Swisher Seeks Consortium to Buy Washington Post

Kara Swisher Seeks Consortium to Buy Washington Post

News summary

Tech journalist Kara Swisher is seeking to assemble a group of wealthy investors to purchase The Washington Post from Jeff Bezos, despite his lack of interest in selling. Swisher, who began her career at the Post, believes that Bezos may eventually want to offload the paper due to ongoing management issues and conflicts with his other business interests. She expressed her frustration with the current state of the Post, stating, "The Post can do better. It's so maddening to see what's happening... why not me? Why not any of us?" Her proposal comes after a wave of subscriber losses linked to Bezos's controversial decision to block a presidential endorsement for Kamala Harris, which sparked outrage among liberal readers. While Swisher hopes to reinvigorate the paper with a consortium of civic-minded investors, there are no guarantees that Bezos will consider a sale, and any potential bidding war could attract significant competition from private equity and other billionaires. Swisher humorously noted her hope that Elon Musk would not be among her backers, as he is currently preoccupied with other ventures.

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166bc319-c612-4063-955b-1bdc4fec97ff4ee00209-5464-4529-aa52-09993f4e9f0b605a98c4-d25e-430b-86c1-9232b14faa6b
Left 67%
Right 33%
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3
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1
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Last Updated
28 days ago
Bias Distribution
67% Left

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