Post by David Folkenflik on X
David Folkenflik@davidfolkenflik
XSmith said he paid nine figures, a seemingly staggering sum. (Bezos paid $250M for the WashPost.)
Unclear if the undisclosed figure includes the licensing fees required by Alden Global Capital, the hedge fund that sold the Sun. Smith will rely on Alden's CMS and other services.
677 likes12 repliesPosted Jan 16, 2024