Washington Post's double standards on rich people buying media
In 2013 the Washington Post reported on one of the world’s richest people, Jeff Bezos, buying the publication, including positive statements such as, “I’m not saying this guarantees success, but it gives us a much greater chance of success.”, and, “Bezos, 49, will take the company private, meaning he will not have to report quarterly earnings to shareholders or be subjected to investors’ demands for ever-rising profits, as the publicly traded Washington Post Co. is obligated to do now. As such, he will be able to experiment with the paper without the pressure of showing an immediate return on any investment.” Source.
Now in 2022 another of the world’s richest people, Elon Musk, bought a large chunk of Twitter and is attempting to buy more, with the Washington Post seemingly forgetting what happened in 2013, reporting: “Musk’s appointment to Twitter’s board shows that we need regulation of social-media platforms to prevent rich people from controlling our channels of communication.” Source.
Okay then.