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September 3, 2014

The last member of the family that owned US newspaper Washington Post for eight decades, before its sale to Amazon founder Jeff Bezos last year, is to step down as publisher of the former family business by the end of this month, the company has this week revealed.

The last member of the family that owned US newspaper Washington Post for eight decades, before its sale to Amazon founder Jeff Bezos last year, is to step down as publisher of the former family business by the end of this month, the company has this week revealed.

Katharine Weymouth had been part of the business, bought by her great-grandfather in 1933, for 17 years and had been in her current role as chief executive and publisher for seven years.

December 11, 2013

The theme was ‘animals of Indonesia’, but anyone who thought ‘LIVESIHCODRUM’, in The Sunday Telegraph’s weekly word puzzle, was something of the furry variety would have been mistaken.

The theme was ‘animals of Indonesia’, but anyone who thought ‘LIVESIHCODRUM’, in The Sunday Telegraph’s weekly word puzzle, was something of the furry variety would have been mistaken.

The NewsCorp-owned Australian paper appeared to carry a hidden message, with the letters on the third line of the word search quiz spelling out ‘Murdoch is evil’ when read backwards.

August 6, 2013

Family media dynasty the Grahams have sold The Washington Post, one of the most respected news organisations in the US, after eight decades of family ownership.

Family media dynasty the Grahams have sold The Washington Post, one of the most respected news organisations in the US, after eight decades of family ownership.

It has been bought, along with a number of weekly newspapers, for $250 million (€188.6 million) by Jeff Bezos, the founder and chief executive of online retailer Amazon.

August 4, 2010

What is it about family business owners and newspapers? After years of toiling away establishing efficient companies, often with little or no borrowings, why do some businessmen buy loss-making media outlets?

What is it about family business owners and newspapers? After years of toiling away establishing efficient companies, often with little or no borrowings, why do some businessmen buy loss-making media outlets?
 

September 1, 2009

Freedom Communications Inc, the US media company majority owned by the Hoiles family, is expected to file for chapter 11 bankruptcy this week according to US media reports.

Freedom Communications Inc, the US media company majority owned by the Hoiles family, is expected to file for chapter 11 bankruptcy this week according to US media reports.
 
The business has reached agreements with its lenders for debt restructuring and will continue to operate under bankruptcy protection. "We are continuing to work with our lenders to address our balance sheet," a Freedom spokesman told the Wall Street Journal.
 

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