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 Graham, one of journalism’s most revered executives, would do next. He has remained immersed in his business enterprise, the newly named Graham Holdings, a consortium mostly comprising education, television and cable businesses.
The Washington Post may be the iconic brand on the company’s downtown building, but the sale of its flagship newspaper turns it into more of a holding company of businesses that have little in common — including education, television, home health care and even furnaces. The new company — which will be renamed after the sale is complete — will resemble a mini-Berkshire Hathaway.
