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Tuesday, August 5, 2014

Don Graham Is Keeping Busy Even After The Sale Of The Washington Post

When Donald E. Graham announced a year ago that he was selling The Washington Post to Jeff Bezos for $250 million, it was unclear what Mr. Graham, one of journalism’s most revered executives, would do next. The Post had been a Graham family jewel for 80 years and a giant in the field of journalism; but in a deal forged quickly last summer, it was suddenly under someone else’s control.
Mr. Graham, however, did not simply retire. Instead, he has remained immersed in his business enterprise, the newly named Graham Holdings, a consortium mostly comprising education, television and cable businesses. The company generated $3.48 billion in revenue in 2013 and on Friday reported largely flat revenue of $878.6 million for its most recent quarter.
http://www.nytimes.com/2014/08/05/business/media/graham-not-slowing-down-after-sale-of-the-post.html?partner=yahoofinance&_r=3

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