What does the sale of the Washington Post mean for print newspapers?

News broke yesterday that the Washington Post had been purchased for $250 million by Amazon founder Jeff Bezos. According to the Washington Post, the newspaper has suffered a 44% decline in operating revenue over the last six years and a 7% circulation decline in the first half of 2013 alone.

The Washington Post enjoys a fairly strong digital presence, but the sale raises questions about the future of the print newspaper. In 2012, Bezos told a German newspaper that print would be dead in 20 years because no one would bother paying for news.

In a statement yesterday, however, Bezos said the Post is “an important institution” but added he does not have a “worked out plan” for the “unchartered territory” he has entered. He said the future of the Washington Post would require “experimentation.”

“So Bezos has just purchased the Washington Post,” Glenn said on radio this morning, “which I think is fantastic.”

“After saying that the print industry was dead just a couple of years ago,” Stu interjected. “I'm not arguing that necessarily. I'm just saying it's surprising that you'd spend $250 million on something [you think is dead].”

Glenn has made his opinions about the future of media well known, and, like Bezos, he believes that the print industry’s days are numbers. With that said, Glenn understands Bezos’ decision to purchase the paper.

“He is absolutely right about the print industry being dead and why he bought it. He spent $250 million to buy the logo, to buy the name, the Washington Post,” Glenn explained. “And he will fundamentally transform that and it will no longer be a newspaper probably in five years. It’s got to be his bet.”

The interesting thing, however, is how quickly the media landscape is changing. This year, digital usage has surpassed television usage for the first time in history. In 2010, people spent an average of 3 hours and 14 minutes using digital devices (i.e. online, mobile). In 2011 that average jumped to 3 hours 50 minutes. This year, digital consumption accounts for 5 hours and 9 minutes of a person’s day.

Television, meanwhile, has remained relatively steady going from an average of 4 hours and 24 minutes in 2010 to 4 hours and 31 minutes in 2013. Radio has witnessed a similar trend, dropping slightly from 4 hours and 36 minutes in 2010 to 4 hours and 26 minutes in 2013.

Bezos is clearly a very savvy businessman, but given the downward trajectory of the Washington Post in recent years and the tremendous culture shift toward digital media, Glenn questioned the value of the Washington Post brand in today’s world.

“I mean, you know, maybe he's right. He's much smarter than I am,” Glenn explained. “But he's looking at the name, which doesn't really mean anything to the next generation. The Washington Post means nothing. They don't care about Watergate. And what has the Washington Post done lately? The Washington Post – if they start to break real news – could be valuable, but the Washington Post doesn't mean anything. It means less to the American people than the New York Times does.”

Ultimately, Glenn believes the future lies in the value of the content, not the value of the brand.

“Here's a guy who's coming in. He's like, ‘I'm going to fix the media because I'm going to spend $250 million on this brand and I'm going to make sure that it's digitized.’ Well, who gives a flying crap if it's digitized, if it's digitized crap,” Glenn said. “I mean you don't get to be [someone like Bezos] without counting the money and caring about the money. If you have that kind of money, you have a profound responsibility to do something meaningful with that money. And Bezos is clearly so much smarter than, you know, any of the yahoos on this program and 10 times smarter than [me]. He knows what he's doing, but look at the content, not the delivery system.”

It should come as no surprise that a newsworthy story receives more media coverage when released on a Monday than a Friday. The reason is in part due to a large number of news-consuming Americans checking out for the week to focus on their weekend plans rather than the news.

On Monday's radio program, Glenn Beck shared information that President Joe Biden decided to release on Friday — when fewer people would notice — regarding the Climate Finance report. This report is marketed to Americans as "A Roadmap To Build a Climate-Resilient Economy." But Glenn believes the report to be Biden's Great Reset warning shot to banks.

In this clip, Glenn warned that if Americans don't stand together, in eight years we all indeed will own nothing. Watch the clip for the full story. Can't watch? Download the podcast here.



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On today's radio program, Glenn Beck was joined by Bill O'Reilly to discuss the top stories of the week.

For O'Reilly, the biggest story this week centered around someone mysteriously missing from mainstream media news reports today: Mark Zuckerberg. Specifically, O'Reilly said it's the 'scandalous' way the Facebook CEO spent nearly $420 million to influence the 2020 election — and did so successfully.

Watch the clip to hear the full conversation. Can't watch? Download the podcast here.

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On Thursday's radio program, Grace Smith and her father, Andy, joined Glenn Beck on the phone and provided a first-hand account of Grace's refusal to wear a mask at school.

Smith, 16, began a maskless protest after her school district in Laramie, Wyoming, decided to implement a mask mandate. As a result, Grace received three suspensions, was issued two $500-citations, and was eventually arrested.

"How long were you in jail?" Glenn asked.

Grace said was taken to jail but was never booked nor was she was placed in a jail cell.

Glenn commended Grace's father, Andy, for raising such a "great citizen" and asked if it was Grace's idea to protest. Andy said it was Grace's idea, explaining that they took the position of arguing on the grounds of civil rights rather than the efficacy of wearing a mask.

Grace has since withdrawn from public school and started a home school program. She also told Glenn that she will continue to fight the school district, legally.

You can donate to Grace's legal fund here.

To hear more from this conversation click here.

Disclaimer: The content of this clip does not provide medical advice. Please seek the advice of local health officials for any COVID-19 and/or COVID vaccine related questions & concerns.

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It seems the Left wants a civil war and some on the Right want a national divorce. The country is split right now unlike anything Glenn Beck has ever witnessed. There are two sides: Those who want to fundamentally change this country and those who believe in KEEPING the experiment of liberty that the Founding Founders intended.

The ideological gap seems impossible to cross, but Glenn explains why he won't secede. David Reaboi, Claremont Institute senior fellow and author of "National Divorce Is Expensive, but It's Worth Every Penny," tells Glenn why a national breakup is not an impossibility just because it will be difficult.

What can we do to fight back … peacefully? How can the states that still believe in the Constitution create pockets of freedom in the shadow of tyranny? On his Wednesday night special this week, Glenn answers that and provides a road map to preserving what the Left is trying to destroy.

Finally, James Simpson, author of "Who Was Karl Marx? The Men, the Motives and the Menace Behind Today's Rampaging American Left," provides solutions on the issues the "red states" must unite around before Left and Right America officially call it quits.

Watch the full episode of "Glenn TV" below:

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