Business Insider: Amazon CEO Jeff Bezos, who bought the Washington Post for $250 million in 2013, said the internet brings a “huge gift” to media companies: “It provides almost free global distribution. So that’s how we can get hundreds of millions of readers and make very little money per reader, and have an amazing institution. And I’m happy to fund that until we get there.” Because of this change, the revenue structure of the Washington Post has changed as well, Bezos added. It’s all about reaching scale now.