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Media Mogul Eyes Washington Post Amid BuzzFeed Deal
20 May
Summary
- Media mogul Byron Allen expressed interest in acquiring The Washington Post.
- Allen approached Jeff Bezos directly about purchasing the newspaper.
- Bezos gave Allen his contact information but did not accept or reject the offer.
Media mogul Byron Allen recently disclosed his ongoing ambition to acquire The Washington Post. This ambition was shared during a May 19 discussion with BuzzFeed employees, a company he recently acquired.
Allen revealed he directly approached Jeff Bezos at a party, inquiring about the potential sale of The Washington Post. He presented his case, suggesting Bezos focus on his media assets rather than space ventures with Blue Origin.
Bezos's response was non-committal; he neither accepted nor rejected the offer but instead exchanged contact information with Allen. Allen remains committed to pursuing The Washington Post.
Despite this pursuit, Allen emphasized that his current digital media holdings, which include BuzzFeed and HuffPost, are robust. He believes HuffPost could even rival The Washington Post's success independently. The acquisition of The Washington Post would be an added asset, not a necessity.
Allen Media Group's expansion is notable, encompassing television, digital, and streaming properties. Its portfolio includes The Weather Channel, theGrio, and HBCU Go, underscoring its growing influence in the media landscape.
