jeff bezos is at the top of that. as president eisenhower said in his farewell address, we need to discuss the military industrial complex, the rating issue of our era. it remains the remaining issue but now it has a digital complexion. this is an issue we have to discuss. how much power are in these unaccountable monopolies? you look at obama trying to be on good terms with these companies. now they control the news media directly. the unitedd outside states and america saw another country in this situation, we would not consider it being close to the democratic grid. we should be looking at it with the same lens. >> can you talk about alternative models of news ownership? >> a lesson that is clear from this is we had the illusion that journalism is a commercially viable undertaking for the last 100 years in the.s., and that is because advertising provided much of the revenues to support journalism. it made it very profitable throughout the 20th-century, especially in monopoly markets. now that journalism is going di

jeff bezos is at the top of that. as president eisenhower said in his farewell address, we need to discuss the military industrial complex, the rating issue of our era. it remains the remaining issue but now it has a digital complexion. this is an issue we have to discuss. how much power are in these unaccountable monopolies? you look at obama trying to be on good terms with these companies. now they control the news media directly. the unitedd outside states and america saw another country in this situation, we would not consider it being close to the democratic grid. we should be looking at it with the same lens. >> can you talk about alternative models of news ownership? >> a lesson that is clear from this is we had the illusion that journalism is a commercially viable undertaking for the last 100 years in the u.s., and that is because advertising provided much of the revenues to support journalism. it made it very profitable throughout the 20th-century, especially in monopoly markets. now that journalism is going

jeff bezos wants to experiment. he wants to shift this medium and help it into the new age. >> and then you have this. >> i'm going to have post-traumatic stress. i was at "newsweek" for a decade. >> this went under the hammer for next to nothing. having no longer been in print, it's online and hardly there at all. they have to deny they are up for sale. >> you are holding "the new york times." they had to announce they're not for sale. >> this is how these papers are changing. just this week i subscribed to the home edition of "the new york times" because i moved to new york. i did it at 7:00 in the evening on wednesday. 7:00 in the evening on wednesday. on thursday morning at 6:00 a.m., it was outside the front gate. >> i am happy for you that you have this time to spend with your newspaper. thank you so much for being with us. you get to leave with these special parting gifts. >> have you seen this interesting article. >> coming up, mark zuckerberg has mostly shied away from politics until now. >> this is somethi

so jeff bezos may in fact be a wizard in many ways. but it remains to be seen if he has the same values as the grahams. and if you trust don graham as i learned to in ten years at the washington post, i never had to trust him more than in his judgment to revive the washington post. >> cory -- >> but one quick tng, it's not just about strengthening journalism. it's also about looking at news and seeing how can we reinvent it, how can we redefine it to move beyond simply what is covering corrupt and broke ton cover what is working. with his foundation, he's done an amazing job. >> but all the journalism experiments, they are trying cover what is working and don't end up creating a profit. you guys at aol had to sell patch covering local news because it just doesn't work. >> our coverage of what is working has been one of the most profitable. the public and readers love it, advertisers love it. but it's critical when you have a more and more dysfunctional government to focus on what individuals, communities, startups are doing that is act

jay, jeff bezos is a guy who owns a literal rocketship company. he has a company that makes rocketships. he has a clock that is going to run for 10,000 years in the can desert. and he owns amazon. he's a distributor of industries and now he is buying one of these gatekeeper players, an entrenched institution that's been around for a long time. the kind of thing that in other times he disrupts. why do you think he's buying "the post"? >> i think it tells you about the scale of the ambition this generation of entrepreneurs have. i don't think they're simply interested in building huge businesses and dominating markets, they want to actually change the way we do things. and if it can be done better, it should be done better, is sort of the mott the toe of the geeks in silicon valley. and i think for me as i reflected on why bezos would want to do this, some of the things you mentioned came up, the fact that he wants to go into space. the fact that he wants to go into the future with his clock. and in some ways with "the washington post" what he's doi

of amazon.com jeff bezos. here to talk about it, one of the former editors of the "post," len downie, who i think the newspaper won a record number of puleitzers under your reign. also in new york, the times former editor, bill keller. he's in our studio there. and we're joined by john harris, whoitudes work at the "post" and today is a columnist for the "new york times" says you may well be responsible for the decline of the "washington post" because you left the "post" and formed politico, john. we're glad to have you sitting across from len. let me just talk with you first, len. was the sale of of the "post" to jeff bezos a good things? >> i'm cautiously optimistic it will be a good thing for several reasons. the "washington post" company as it's currently called is a public company, the corporation is. so it had to-- it could not tolerate losses year after year in the newspaper, as don graham said he didn't want to keep cutting anymore in order to make the bottom line work out. jeff bezos bought it with a

and now jeff bezos. i don't represent bloomberg lp or michael bloomberg in any way. there have been reports that he has been interested in buying a big newspaper such as the "new york times." theynewspapers, these days tend to attract people with deep pockets. it requires a lot of money to keep them going or keep them funding into the future. >> the reality is that the future business model for a newspaper company is somewhat uncertain. advertising revenues continue to decline for some seven years. with profitability uncertain, future consumer habits unknown. we don't know what the next product will be to disrupt the way people get and give information. six or seven years ago, if we had talked about the iphone, we would not have known what that was. laptops were three years old. if you're going to buy a newspaper, you are not buying it for the business, dollars and cents. you are buying it a sense of civic responsibility. , tohe best or worst case help your friends and punish your enemies. these tend to be things that people who have made money elsewhere, and who hav

jeff bezos bought the "washington post." it's because he's a poopy-head. with poop in his head. >> john: that sounds personal and extremely juvenile. >> i know, john, but jeff bezos has been one-upping me my entire career. i was just about to announce the acquisition of my own d.c. newspaper. >> john: which one? it's a major newspaper. why? >> john: the washington times? it's the washington coupon clipper penny saver. but soon to relaunch as the "washington postier" coupon super penny saver. i can't lose those coupon clippers. they're the only ones who buy print nuchs anymore snon how much did you pay for that? >> $900 million. john: what? it was going to be more but i had a coupon. >> john: is is this a good idea, john? newspapers have notoriously become money-losing businesses. >> i'm going to disrupt the paradigm. that's billionaire speak for [bleep] [bleep]. you see, newspapers thought that people want to pay money for information. but we now know from the internet that what they really want is is their own opinions fed back to to them for free. my new

i don't buy that with jeff bezos. because i think the "washington post" is $250 million when compared to his wealth of approximately $25 billion, people are saying it is like a millionaire buying a newspaper for $10,000. but i do think there is a responsibility that he recognizes, and there is a new platform. whoever is buying newspapers right now is going to change the way that newspapers are run. i think from what i know from him and what we have all learned about, is he is the kind of guy who has a long-term view of things. and you can say his political ambitions -- we all have them. he is no different. >> david: sam assuming these moguls are savvy businessmen, could the shift to individual ownership help the newspapers become profitable again? what do you say to michael who says that, yeah, there is probably political influence here. does that matter? and is it there anyway. >> yeah, i think the ca case -- john henry is very vested in boston and the surrounding area. i think he probably wants -- i think for him, p

jeff bezos buying the "washington post" publishing business. let's bring in an analyst with paa research. you've got a negative view of this stock. now that it has changed, do you become more bullish? >> thanks for having me on. this is certainly a surprising development given that most people who know don graham personally never thought he would sell his baby so to speak in terms of the number asset. there is two things to observe here. one, they got a full price for the newspaper business, roughly $200 million higher than we would have valued it. there is more value in the company today than there was yesterday. outside of that if you look at the rest of their businesses, the broadcasting, cable, education business, where the stock is trading now is kind of where i see it on the sum of the parts basis. however, what we have is a seminole event in the history of the company. there are a lot of people who advocated breaking this company up. in this environment it could be higher than what i've laid out as the sum of the parts. >> for shareholde

and, you know, jeff bezos may be the guy to do that. we hope so at "the washington post." >> healthy invests in reporters. what a great idea. there have been a real loss of newsroom jobs. the brand of "the post" covering washington could use some reinvigorating and use more reporting on federal agencies. that's what the paper has always had attention about. i assume you agree with me. >> we also need to cover our local city and our region. "the washington post" has always from the get-go within a local newspaper. and what's interesting here is we will have a publisher who is an absentee publisher. he's not moving here. he won't be here. how that affects our metro coverage, something we've been very strong on for decades, remains to be seen. >> the story you wrote about the "post" sale was "the new york times." let's explain to the viewers at home why "the new york times" ownership came up immediately once this happened. >> because "the new york times" is essentially the last man standing. a family own, family controlled newspaper that i

then there's jeff bezos. the amazon founder is shelling out $250 million for the "washington post," a paltry 1% of his personal fortune. as our jim acosta reports, billionaires have gone shopping in america's "newsroom." >> reporter: watergate brought down a president. >> have to get something on paper. >> reporter: but it made a newspaper. a triumph not just for reporters bob woodward and carl bernstein but also for the family that owned the "washington post" led by its publisher, kathryn graham, now that leg gas sin the future of one of the most important newspaper rests in the hands of one billionaire, amazon founder, jeff bezos, a stunning $250 million deal that gives an all new meaning to the term -- >> just follow the money. >> reporter: the post now follows other major newspapers. "wall street journal" bought by conservative media titan robert murdoch and "boston globe" purchased by red sox owner john henry to be snatched up by the super wealthy and perhaps the "new york times" could land in the portfo

i read that jeff bezos tried to take his own crib apart with a screwdriver. what did that tell you about him? >> i was in trouble. >> why? >> he would not take no for an answer. you could argue all you wanted with him, even at 3, you are not ready for a big boy bed. and of course, he went and got a screwdriver, it was that can-do spirit. and i think, most young people have that. i don't think that they have the opportunity to use it. >> you two invested your retirement savings in the early years of amazon.com, that was a big risk. >> yes. >> what made you take the risk? >> it was not the entire retirement funds but a large part of it and jeff approached us with his crazy idea of opening a book store on the internet. but we believed in jeff. and what he could do. >> it was an investment in jeff. not in yet an unnamed company. and if he had followed my original advice, which was can't you do this on the weekend? or after work? we probably would not be buying so much online right now. >> the investment that we made in young people has paid off bit as much as our

>> well, i've known jeff bezos for 15 years. he is and is known to be an extraordinarily decent man. i got the joy of getting to know his wife a bit. it starts with that. he's principled. he's also a reader and a very good writer, as a statement to our staff which has been widely quoted reflects. he wrote that himself. he writes amazon's annual shareholder letter by himself. he's known for being a very patient long-term investor, as he was with amazon itself, as he was with the kindle and has been many other times so... and i don't want to appear to be speaking for jeff but he did speak for himself in his letter yesterday. he's not going to walk in the door with solutions. but he will walk in the door ready to try things. if you're jeff bezos or his peers, the founders or ceos of great internet companies, you know a lot of great technology. >> in fact your publisher and your editorial page editor and your executive editor will stay in place now. >> jeff has asked the whole management team to stay on. that includes catherine and

what jeff bezos will do is try to figure out -- he has a plan, by the way. he went away for three months and came back to buy it, so he has a plan. he will try to figure out how to fully digitize it. one problem they have had is the demographics. they have not been able to get out of the older demographics and that is what jeff bezos could bring in a big way. >> the purchase comes after they made significant newsroom changes, investing god knows how much money in this new kind of online video project with this in-house tv station. there have been staff reductions. to a certain extent, they are buying a paper that have made transformations. >> charles? >> in regards to whether we will have a paper in hand, the new owner said papers will not exist as papers in 20 years, i remember, this is a guy in amazon that sells things. he is not selling air or dots on the screen. he sells things that arrive at your door. he will probably try to sell the paper as a paper, but the one problem is i do not know anyone in my son's generation that reads and holds a newspaper, o

and jeff bezos, stepping forward as the top ceo. the question, is he the next steve jobs? "varney & company" is about to begin. >> president obama in phoenix today. is going to take a victory lap on the country's real estate recovery, but he wants more. here is his plan. help families save up to 3000 a year by refinancing. cut red tape so responsible buyers can get a mortgage. wind down fannie and freddie and the housing recovery. this fits president obama's theme, i am helping the middle class, it's the republicans' faulty can't do more. however, the president is struggling with that message. i've got one negative item on the economy this morning, actually several, but here is the big one. part-time workers dominate the jobs scene. new numbers from house ways and means committee using the household employment survey, government numbers. look at this, since january 2009, we've added 270,000 full-time jobs, that's four years. during that same time 1.8 million, seven out of ten jobs created under president obama's watch. part-time work. all right, second, troubling numbers o

not for jeff bezos parents. they invetted in future leaders with the bezos scholarship program. >> we came from can-do people. we came from people who thought most projects were things you could solve in the garage. i think that is what humanity strives to do is understand your surroundings. >> we're looking for students that are going to be leaders. bring them to aspen to the idea's festival, but then we ask them to go back and put on their own ideas festival in their community. >> the scholars are 12 students and teachers developing local ideas from exposure to global thinkers. >> it opened up a universe of ideas that i never would have had access too. >> the idea for the foundation shortly after amazon went public. we realized as a family we had an opportunity and also what we refer to in the family as a joyful responsibility to do something beyond ourselves. >> what happens when they leave? >> they have to apply for a grant from the foundation. we work with them. if the proposal doesn't look too polished, we

so what is jeff bezos up to this time? this wildly creative man, who refuses to become a grownup if growing up means losing curiosity and joy. listen, it's a famous sound. when he gets to learn something new, jeff bezos laughs. >> that was awesome! >> reporter: it's his sense of wonder that something great is always over the horizon. >> i'm a big believer. >> reporter: he created that cart that turned amazon into the world's largest online retailer. a lot of people believed he could never deliver on the promise. >> 1998, amazon.toast. 1999, amazon.bomb. my mom hates this picture. >> reporter: he says he would like everyone to treat failure as part of hair journey of discovery. >> if you want to invent, if you want to do any innovation, anything new, you're going to have failures. you need to experiment. >> reporter: he started experimenting as a 3-year-old child. he dismantled his own crib with a screwdriver. then all the worrying inventions at home. >> i was constantly booby trapping the house. with various kinds of alarm

that is what jeff bezos thinks. what i found out and what he is going to find out is he does not neil: that will turn on him? >> probably not. neil: what did you do? >> i laid there until i got better. if you don't have a thick skin, i can't come and be on your program. neil: with all your other real-estate holdings, were you saying, we have to change things, we're losing money fast. was a difference in telling those guys and journalists guys? with the journalists think they're doing god's work. therefore that is a different standard than where everyone is economically tied together. neil: did they think you were stupid american? >> arrogant is a much better word. the difference between a newspaper person and an academic is small. they'll both run in the same scenario of thinking that they're doing -- after all, they're very educated and have done well academically. neil: how many business courses? >> i know of any because as to my experience to have a lot of trouble adding and subtracting. neil: of the problems --

jeff. >> this is stunning announcement, jeff bezos is buying "the washington post" for $250 million. bezos, one of the captains of the online world and future of commerce, putting a quarter of a billion dollars of his own money, not amazon money, into a newspaper that is well over 100 years old and part after model that everyone thinks is dieing. we don't have a whole lot of details a letter gone out from the publisher i believe of "the washington post." two employees telling them about the deal. let's remember that newspapers, which used to have really rich margins and still are profitable but have been really hurt by the internet, are becoming an investment for the very rich. ron burkle, the billionaire, pathmark billionaire and david geffen were in buying "the l.a. times." carlos slim, from mexico, one of the world's richest men, rescued "the new york times." jeff bezos of amazon, getting ready to pay for the newspaper itself. many people thought "the washington post" company, most valuable asset inside the company is not the legendary newspaper that led to the watergate investiga

so jeff bezos may in fact be a wizard in many ways. but it remains to be seen if he has the same values as the grahams. and if you trust don graham as i learned to in ten years at the washington post, i never had to trust him more than in his judgment to revive the washington post. >> cory -- >> but one quick thing, it's not just about strengthening journalism. it's also about looking at news and seeing how can we reinvent it, how can we redefine it to move beyond simply what is covering corrupt and broke ton cover what is working. with his foundation, he's done an amazing job. >> but all the journalism experiments, they are trying cover what is working and don't end up creating a profit. you guys at aol had to sell patch covering local news because it just doesn't work. >> our coverage of what is working has been one of the most profitable. the public and readers love it, advertisers love it. but it's critical when you have a more and more dysfunctional government to focus on what individuals, communities, startups are doing that is a

so jeff bezos may in fact be a wizard in many ways. but it remains to be seen if he has the same values as the grahams. and if you trust don graham as i learned to in ten years at the washington post, i never had to trust him more than in his judgment to revive the washington post. >> cory -- >> but one quick thing, it's not just about strengthening journalism. but look at news to reinvent it and redefine it to move beyond what is covering what is corrupt and broken to cover what is working. with his foundation, he's done an amazing job. >> but all the journalism experiments, they are trying cover what is working and don't end up creating a profit. you guys had to sell patch covering local news because it doesn't work. >> our coverage of what is working has been one of the most profitable. the public and readers love it, advertisers love it. but it's critical when you have a more and more dysfunctional government to focus on what com startups are doing and help scale it. he can help do that. >> in five years, what does the washington p

according to donald graham, who is the publisher of "the post, "requesting not jeff bezos. so we'll see a name change. it has a market cap of $4.2 billion, and the publishing being sold for $250 million. >> we can assume the name will probably stay on the newspaper, mary, even if it comes off the company that remains. >> right. right. and, you know what else is interesting to note, one thing i was thinking of when we were talking, is "newsweek" was recently sold, too. for what, was it, is that news week was recently sold, too, for iac just recently sold it as well. news week used to be sold by "washington post." again, of course as you would expect, the newspaper business keeping that name, you would expect to see that happen again because it would be -- it, again, is synonymous with that. we'll see what mr. bezos has in mind for it. >> i just want to point out the "washington post," the newspaper has been innovative in its use of technology. done graham who has a personal relationship with mark zuckerberg was one of the first people to push the "washington post" and any ne

that is what jeff bezos thinks. what i found out and what he is going to find out is he does not neil: that will turn on him? >> probably not. neil: what did you do? >> i laid there until i got better. if you don't have a thick skin, i can't come and be on your program. neil: with all you other real-estate holdings, were you saying, we have to change things, we're losg money fast. was a difference in telling those guys and journalists guys? with the journalists think they're doing god's work. therefore that is a different standard than where everyone is economically tied together. neil: did they think you were stupid american? >> arrogant is a much better word. the difference between a newspaper person and an academic is small they'll both run in the same scenario of thinking that they're doing -- after all, they're very educated and have done well academically. neil how many business courses? >> i know of any because as to my experience to have a lot of trouble adding and subtracting. neil: of the problems -- file

jeff bezos is one of the great revolutionary thinkers of our time. what do you think his mind, being applied to the newspaper business, is likely to bring as far as results? >> i think innovation more than anything, a fresh way of thinking for a business that is pretty calcified and pretty dependent on its traditions. the newspaper business tend to do a lot of things just because it's always done them that way, and bezos is the opposite of that. >> axelrod: well, amazon, certainly changed the way consumers get products. so consumers of news, what might they be seeing once jeff bezos is sort of-- has his finger prints on the newspaper? >> he's always had a laser focus on the consumers' point of view and what the pain points are for them. i think we can expect to see him really streamline the experience of a subscribing to and reading a newspaper, kind of fix all the small things that make it annoying to subscribe to a news, especially around the process of paying for your subscription. >> axelrod: so maybe not so much the content but how you access th

buffett is a great, great pal of jeff bezos. buffett told me he thinks jeff bezos is one of the most brilliant men in the world. also a great pal of the graham family. he had to do something with this deal. if he thinks there's money to be made there. >> he already made it. >> but he -- but he also still owns that big newspaper fairly big newspaper in buffalo and he says he's very happy with it and he'd like to buy more newspapers. but maybe there's something going on there we don't know. >> iell you, i worked at the "washington post" company, worked at "newsweek," i spoke with warren buffett, i don't believe he thinks there's money there. i think he thinks this is the best way to stay -- >> i'm not soothsayer for the industry, but i've noticedhose are media outlets that try balance, try fairness. the circulation is up, the online product is improving and also getting more interested takers or fox, of course, which is a multibillion dollar institution. there's money to be made in it. >> well, look, "washington post" is a differe

buffett is a great, great pal of jeff bezos. buffett told me he thinks jeff bezos is one of the most brilliant men in the world. also a great pal of the graham family. he had to do something with this deal. if he thinks there's money to be made there. >> he already made it. >> but he -- but he also still owns that big newspaper fairly big newspaper in buffalo and he says he's very happy with it and he'd like to buy more newspapers. but maybe there's something going on there we don't know. >> i tell you, i worked at the "washington post" company, worked at "newsweek," i spoke with warren buffett, i don't believe he thinks there's money there. i think he thinks this is the best way to stay -- >> i'm not soothsayer for the industry, but i've noticed those are media outlets that try balance, try fairness. the circulation is up, the online product is improving and also getting more interested takers or fox, of course, which is a multibillion dollar institution. there's money to be made in it. >> well, look, "washington post" is a dif

this is jeff bezos. billionaire, deep pockets, this is his own, own effort to try to save this storied paper. must be nice when you have those kind of deep pockets you can finance it all on your own. >> yeah, long history of individuals owning trophy assets like newspapers. is the climate in washington state, do you think, better than washington, d.c.? >> i would think so these days in washington state. you've got microsoft, tech companies that are doing fairly well. in d.c., you have gridlock, dysfunction, although with so many people always in washington, that is one of the better real estate markets we have seen in recent years since you have so many people moving there in order to try to get something done or perhaps try to get nothing done. >> a lot of lawyers moving there, i remember rightly from my days there. >> a lot of lobbyists. >> good to see you. thank you for that. have a great day. the latest on "the washington post" and jeff bezos. u.s. futures now, pretty flat really. s&p half a point ab

let's hope that jeff bezos is the same way too. it seems to me he probably is if he's willing to spend $250 million of his own money. >> i'm being corrected on twitter. 87 newspapers in florida with the reporters in tallahassee, not one. actually, i will get the exact number of capital bureaus. i knew a lot of bureaus were being shut down a couple years ago. >> tallahassee is ferocious. another guy says this time joe, nbc, this is peter, joe misses the point. now there are hundreds of citizens doing the same thing on a scale that's not as easily influenced which, obviously, you do have a lot of people, you know -- >> they don't have the clout that the old statewide newspapers had. >> i've got here a couple of corrections in the newspaper and i need to work on my poker face when conservatives are on the set. >> all right. >> bob woodward, thank you. >> thank you, bob. >> howard fineman. >> listen, by the way, i even buy my shoes on amazon. >> don't talk them off. please. if you can find a deal for me. >> okay. >> then if i can say t

jeff bezos realizes 250 million is chump change for the brand. yes, subscriptions are down but he'll realizes where they lag is in digital, their strength is in digital, this is probably a good and very symbiotic relationship. for a guy whose net worth is $225 billion, it's probably -- >> i jump in there and give him something to think about? >> yes. he can take that, i've seen it. >> this isn't a trophy prize for him. he has a strategic plan in place. he's been after this media space for quite some time. and amazon you, can't value that company. >> there's no doubt about it. but when he was asked if he had a plan, his ann was pretty much, no, i have no plan at this point in in time. >> he keeps it close to the vest. >> warren buffett has about $1 billion sunk into "the washington post" company. that's an interesting sideline. john henry, the owner of the boston red sox, i believe he's in the hedge fund or investment business. now, he got the "boston globe" for a song, $70 million. the "new york times" originally i think paid $1 billion. what are

bezos as an individual, then jeff bezos must share don graham's -- the graham family's values. so that gives me some comfort. >> don graham's statement it sounds like they share the values. if we talk about trepidation, howard, there's certainly the cultural sort of moment that this is in terms of the "post" being sold to an online retail giant. i think for those of us that don't work at the post and maybe for americans just across the country, there is a question about the reporting. right? if you look at "the washington post" storied history, talking about the pentagon papers, the water gate scandal, more recently their top secret america piece -- series, the walter reed medical hospital series that won him the pulitzer. there's the question of like is there going to be an investment -- and is there an investment in had this digital age in terms of that kind of reporting, that kind of granularity, that kind of fact finding and that commitment to stories that may not get a lot of click-throughs at the beginning or ever but matter in terms of information and awareness. >> well,

"washington post" gets bought by amazon billionaire jeff bezos. how did the read yeah react to the news. what would it mean to the future of the newspaper business. >> we have a republican chairman understandably miffed. >> folks are against the nbc's plan to produce a mini series about hillary clinton's run before she runs for president. and head of rnc demands both nbc and cnn drop their clinton projects. how will it all end? oprah speaks out about the trayvon martin shooting. did her words help or hurt racial tensions? and democrats have become the targets of late night jokes. >> it was the president's birthday. look at this recent speech. >> you will interact with all americans of all walks of life because our citizens can learn too. >> kelly: judy miller, jim pinkerton, ellen ratner and affair ard grenell. i'm kelly wright. fox news watch is on right now. >> end of the war in afghanistan doesn't mean the end of threats to our nation. as i said before even as we decimated the al-qaeda leadership that attacked us on 9/11, al-qaeda affiliates an

jeff bezos buying the washington post. we will talk to one of the few people who have spoken with him in recent months. >>> and regeneron with a rare sales miss, the company's president and ceo will join us for an interview. >>> and serving up business at opentable with the stock up 35% this year, and we will talk to the company's ceo live later on. >>> we kick off with the bezos deal, and who knew that the amazon ceo would buy the washington post? live now with the latest is julia boorstin. >> simon, considering that the washington post revenue has been shrinking over ten years, it is more about the play than the upside. in bezos' letter to the employees he says that the company values the post and has no plans to change the company and wants to keep up with the internet transformation of the news business. it is not the first time that bezos has tablg evken a personae in a news asset. earlier he bought business site insider to help grow the operations. bezos joins a long list of billionaires jumping into the publishing b