Washington D.C. (The Adobo Chronicles) – It seemed like just last week when Amazon CEO Jeff Bezos purchased The Washington Post for a bargain $250 Million.

Now, The Post has been purchased by Fox News for double the price — $500 Million.

Fox News Channel president Roger Eugene Ailes announced the purchase today, describing the move as “creating a print version of Fox News.”

Ailes also announced the appointment of Frederick J. Ryan, a former Reagan administration official, as new publisher of The Post. 

In talking to reporters this evening, Bezos said that he will use the $500 Million to purchase a fleet of drones which will become the new mode of shipping and delivery for online orders on Amazon.com.