By Kara Bloomgarden-Smoke 10/01/12 11:26am

All the President's Men

WaPo Logo

Washington Post Company Invests in Healthcare

The Washington Post Company is getting into the healthcare sector, they announced today. The newspaper company will acquire a majority stake in Celtic Healthcare, a home healthcare and hospice services provider. The purchase price was not disclosed.

“Our acquisition of Celtic Healthcare is part of the Post Co.’s ongoing strategy of investing in companies with demonstrated earnings potential and strong management teams attracted to our long-term investment horizon,” Donald E. Graham, chief executive of The Washington Post Co., said in a statement. Read More

By Hunter Walker 11/05/10 9:26pm

C.R.E.A.M.

WaPo Earnings Up 256%, But Its Kaplan Cash Cow Is in Danger

The Washington Post Co. reported third quarter earnings of $60.9 million on Friday, up from $17.1 million last year for a whopping 256 percent earnings increase, but there’s trouble on the horizon at the company’s cash cow, Kaplan Inc.

Much of WaPo’s revenue comes from Kaplan’s online college and tutoring business, which had revenues of $743.3 Read More

By Zeke Turner 8/30/10 5:01pm

Donald Graham's Cash Cow

The Wall Street Journal reported this morning on Washington Post Co. chairman Donald Graham’s recent hands-on approach to Kaplan, his money-making college test prep business (they issue degrees now, too). There was one line — sort of a  timely reminder — halfway into the piece:

In the two most-recent fiscal years, Post Co.’s newspaper Read More

By Zeke Turner 7/01/10 1:06pm

Beggars Choosing

Newsweek Turns Down Two More Bids; Washington Post Co. Searches For a Buyer and a ‘Steward’

Buying Newsweek just got a bit more complicated. Washington Post chairman Donald Graham nixed bids from two parties interested in Newsweek—conservative publisher Newsmax Media and hedge-funder libertarian Thane Ritchie—because they are not proper “stewards for the magazine,” according to The New York Times.

Last week bids from a partnership of two Chinese media Read More

By John Koblin 5/05/10 3:50pm

On the Market

Newsweek Up for Sale

We wondered why The Washington Post Company had decided to move Newsweek out of the Tribeca office that the title moved into only a year ago and here’s why: The magazine is up for sale.

Newsweek has been part of the Washington Post Company since 1961. Allen and Company will help Donald Graham make the sale. Read More