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Entrepreneur

Jeff Bezos Denies Stories He Needs to Promote Washington Put up


Spokespeople for the Washington Put up and its proprietor, Jeff Bezos, have denied latest reviews that the newspaper is up on the market. The Amazon founder visited the Put up final week and met with employees, sitting in on editorial conferences and reassuring executives that he has no plans to promote the newspaper.



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Each CNN and People reported Bezos’s denials late Monday after the New York Put up reported that the billionaire was contemplating the transaction so he’d have cash to purchase the Washington Commanders NFL crew.

A number of media reports have advised Bezos and Jay-Z are contemplating bidding on the crew. Bezos has been cagey about these rumors, calling them “buzz,” although he is additionally admitted that he performed soccer as a child and it’s his favourite sport. Present Commanders proprietor Dan Snyder, who has been accused of operating a poisonous office (which he denies), has admitted he is thought of promoting the crew.

Even when the Put up just isn’t on the market, Bezos could also be in search of new funding alternatives, and the Commanders can be a strong funding. The crew has an enthusiastic fan base in a serious TV market — Washington DC — and a historical past of success, profitable Tremendous Bowls in 1983, 1988, and 1992. Moreover, the NFL’s TV rankings have been robust because of Amazon Prime Video’s unique “Thursday Night time Soccer” broadcast, the most important three-hour interval ever for signing new subscribers.

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