A desperate attempt…
Former Washington Post journalist Kara Swisher is quietly lining up her wealthy friends in hopes of buying the publication from Amazon founder Jeff Bezos.
Swisher told Axios the publication is at a crossroads, “The Post can do better. It’s so maddening to see what’s happening… Why not me? Why not any of us?”
The Washington Post famously opted not to make an endorsement for a presidential candidate during the 2024 election cycle. The Post endorsed every Democratic candidate for president over the last 40 years, except Michael Dukakis. (RELATED: Washington Post Declines To Endorse Trump – Or Harris)
“The Washington Post will not be making an endorsement of a presidential candidate in this election. Nor in any future presidential election,” Will Lewis said in a published statement. “We are returning to our roots of not endorsing presidential candidates.”
Critics argue that the decision to abstain from endorsing a candidate reflects billionaire owner Jeff Bezos‘ desire to avoid diminishing Amazon‘s influence on Capitol Hill if Donald Trump wins.
Swisher’s plan, reportedly discussed with a former banking associate, involves assembling a consortium of well-heeled, civic-minded investors who would reinvigorate the storied newspaper while charting a fresh path toward digital sustainability.
While conversations with potential backers have begun, there are no guarantees. If the paper were to hit the market, there would likely be an intense bidding war, attracting private equity powerhouses and rival billionaires.
“Hopefully not Elon,” Swisher said, “though he seems pretty busy these days being President (Not) Elect.”
Swisher began working in The Post’s mailroom and later became one of its earliest tech reporters. She then moved on to the Wall Street Journal, where she cemented her reputation as a pioneering Silicon Valley chronicler.
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The post is toast. Let it roast. From coast to coast. It’ lies the most.🍞
Let it die. Its an almost sunk ship now. No use rescuing a sinking ship.