Articles about "Graham Holdings Company"


Don Graham bids adieu to The Washington Post building

Former Washington Post chief Don Graham posted a goodbye to his old paper’s building on Facebook Monday night. “This probably was my last day at 1150 15th Street after 43 years,” he wrote. “The Post seems to be in wonderful shape under Jeff Bezos, Katharine Weymouth and Marty Baron.”


Graham Holdings Company, the former Washington Post Co., is moving from Washington, D.C., to Arlington, Virginia.

GraHoCo offered items from its art collection to Post employees last month, with proceeds designated to TheDream.us, a scholarship fund for undocumented students that Graham founded.

The Post won’t be in its 15th Street building for much longer either; it plans to move to a building with a serious Dan Brown connection. … Read more

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Former Washington Post owner offers art collection to employees

The Washington Post

Graham Holdings Company will sell its art collection at reduced prices to Washington Post employees, Philip Kennicott reports. Graham Holdings is the new name of the company that sold the Post to Jeff Bezos last year.

Proceeds from the sale will go to TheDream.US, “a scholarship fund founded by Donald Graham to help undocumented students,” Kennicott writes.

Graham Holdings is moving out of the Washington Post building next month to a space with “very few walls,” GraHoCo spokesperson Rima Calderon tells Kennicott.

The collection “is much like the family: Unflashy and deeply local in its focus,” Kennicott writes.

Artists associated with the Washington Color school—Sam Gilliam, Jacob Kainen, Gene Davis, Thomas Downing, among others—are well represented, as are national figures such as Alex Katz, whose work was originally in the Newsweek corporate collection in New York.

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Warren Buffett buys a TV station

Graham Holdings Company

Berkshire Hathaway will buy “a wholly-owned subsidiary of Graham Holdings Company” that includes Miami’s WPLG-TV. The consideration is “approximately 1.6 million shares of Graham Holdings Class B common stock currently owned by Berkshire Hathaway,” Graham Holdings says in a press release. Graham Holdings used to be known as the Washington Post Co.

“I am sure this is a mutually beneficial transaction for both companies,” said Warren E. Buffett, chairman and chief executive officer of Berkshire Hathaway. “While this transaction will greatly reduce our position in Graham Holdings, our admiration for the company and its management is undiminished.”

Berkshire Hathaway purchased most of Media General’s newspapers in 2012, and it’s added lots of newspapers since.

Reuters reported in February that Berkshire Hathaway was in talks with Graham Holdings “to trade the shares it owns in the education and media company for control of a yet-to-be-formed unit of Graham.”

Graham Holdings still owns TV stations in Detroit and Houston.… Read more

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Publishing businesses contributed to revenue gain at former Washington Post company

Graham Holdings Company

Revenue from businesses including Slate, Foreign Policy and the advertising agency SocialCode was up 77 percent at Graham Holdings Company in 2013, the company said in its year-end earnings report.

That double-digit revenue rise was “due to growth at SocialCode and Slate and revenue from the Company’s recently acquired Celtic Healthcare and Forney businesses,” Graham Holdings says. Graham Holdings used to be The Washington Post Co. before it sold its flagship asset to Jeff Bezos last year. Forney makes control systems for combustion processes and Celtic Healthcare is a hospice firm.

Revenue from Graham’s cable-TV division was up 3 percent for the year and revenue from its TV broadcasting division, which includes stations in Detroit, Houston and Miami, was down 6 percent, with a decrease in political advertising revenue offset in part by higher retransmission fees, the company said.… Read more

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