The Washington Post's new owner, Amazon CEO and founder Jeff Bezos, said in a letter to the newspaper's staff that he would not be leading the day-to-day operations at the paper as he is already "happily living in 'the other Washington' where I have a day job that I love."
"Besides," he added, "the Post already has an excellent leadership team that knows much more about the news business than I do, and I’m extremely grateful to them for agreeing to stay on."
"So, let me start with something critical," Bezos continued. "The values of The Post do not need changing. The paper’s duty will remain to its readers and not to the private interests of its owners. We will continue to follow the truth wherever it leads, and we’ll work hard not to make mistakes. When we do, we will own up to them quickly and completely."
Read the full letter here.