New owners for Washington Express and Metro Boston
Amazon-founder and chief executive Jeff Bezos is now also the owner of free paper Express after he bought The Washington Post.
Bezos will pay $250 million in cash for The Post and affiliated publications. Bezos will become the sole owner of the papers when the sale is completed. (Washington Post)
Express was launched in August 2003, it has a circulation of 180,000.
The New York Times sold the Boston Globe for $70 million to John W. Henry, owner of the Boston Red Sox, Fenway Sports Group, Fenway Park, and 80 percent of the New England Sports Network.
The New England Media Group consists of BostonGlobe.com, Boston.com, The Worcester Telegram & Gazette, Telegram.com, the direct-mail marketing company Globe Direct, and the company’s interest (49%) in Metro Boston. (KUGN)
Metro Boston was launched in 2001; a year later Metro joined forces with the Boston Globe on joint advertising; in 2005 The New Yok Times Company (owner of Boston Globe) took an interest of 49% in Metro Boston. This edition has a circulation of around 150,000.
Metro USA changed hands in june 2009 when Seabay Media (controled by former Metro CEO Pelle Törnberg) bought the US papers (other editions in Philadelphia and New York).