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Amazon's Bezos to buy Washington Post

Aug. 06, 2013 @ 07:07 AM

WASHINGTON — Amazon.com founder Jeff Bezos is buying The Washington Post and other newspapers for $250 million.

The longtime publisher, The Washington Post Co., announced the deal Monday. Bezos is buying the paper as an individual. Amazon.com Inc. is not involved.

Washington Post chairman and CEO Donald Graham called Bezos a “uniquely good new owner.” He said the decision was made after years of newspaper industry challenges. The company, which owns the Kaplan education business and several TV stations, will change its name but didn’t say what the new name will be.

Bezos said in a statement that he understands the Post’s “critical role” in Washington and said its values won’t change.

Ex-WSAZ official forms new television company
Don Ray of Huntington, who recently retired as general manager at WSAZ-TV and regional vice president for Gray Television Inc., has formed a new company and plans to purchase a television station in Grand Junction, Colo.

According to a news release from Gray Television, Ray’s newly formed Excalibur Broadcasting, LLC, plans to purchase KJCT-TV and associated low power television stations, subject to approval from the Federal Communications Commission. They broadcast ABC, CW, Telemundo, and local programming.

KJCT is currently owned by News-Press & Gazette Company, which according to the release will sell the licensed assets of the station to a subsidiary of Excalibur for $3 million. Gray Television will provide back office, engineering and sales support services to Excalibur.

News-Press & Gazette Company plans to sell certain other assets of these television stations to Gray for $9 million.

The transactions are expected to close in the fourth quarter of 2013.

Ray had been general manager at WSAZ since 1989 and told The Herald-Dispatch at the time of his retirement last month that he has family in Colorado and plans to spend more time there.

Gray is based in Atlanta and owns and operates television stations in 30 markets.

InfoCision to hire 30 new call center workers
HUNTINGTON — InfoCision plans to hire 30 call center workers to help meet increased client demand. It will open the doors of its Huntington call center from 10 a.m. to 2 p.m. Wednesday, Aug. 7, for open interviews, where walk-in applicants are welcome. The center is at 3350 Woodville Lane.

InfoCision provides contact center solutions for companies in fields such as technology, health care, financial services, pharmaceuticals and telecommunications. For more information on employment with InfoCision, applicants can call 1-888-462-7298 and ask for extension 30, or visit InfoCision’s careers web page at http://www.infocision.com/careers.



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