Nightly News   |  August 05, 2013

Amazon founder buys Washington Post for $250 million

Jeff Bezos, founder of Amazon, has released a statement saying the Post’s values will not change as a result of the new ownership and he is “very optimistic about the future.” NBC’s Brian Williams reports.

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This content comes from Closed Captioning that was broadcast along with this program.

>>> the man behind, the man w changed the way americshped d a lot of americans read books is getting into t news business. the ne was so bt was anunced on the ticker onhe " washington st " buildin today. that's becau the news was abouthe "shington pt." bezos is buying the paper and related media properties for $250milln. the newsams a bombshell i a companyown where it's personal. thewashington post" o wateate fame is a local paper owned by the grahamamilynd struggling like just about everythinglse printed on paper. it's part of a recent trend in which wealthyndiduals are becoming the safe yovis inany cases of pnt med. ma ces becse ty believe in quaty worknd robust pres billionaire warrebufft has ug up several local papers. eo-owr o theoston red sox announced he' buying "the boston gbe." bezosaid h knows it wl be a shock but ote the valuesf the post do not need changing. we will continue to follow the truth wherever itleads. >