where does publishing clearing house get their money
Publishers Clearing House PCH is a direct-marketing company that sells merchandise, magazine subscriptions and operates several prize-based websites.[11] While best known for the sweepstakes and Prize Patrol it uses to promote its magazine subscriptions,[1][13][35] the majority of the company's revenue now comes from merchandise.[11] The company has been selling books, media, jewelry and other consumer items[4] since the 1980s.[8] PCH operates eight websites, including PCH Search and Win, PCH Lotto, PCH Games, PCH Save and Win, and Candystand.[1][11]
The Washington Post In 2013, its longtime controlling family, the Graham family, sold the newspaper to billionaire entrepreneur and Amazon.com founder Jeff Bezos for $250 million in cash.[1][2][10] The newspaper is owned by Nash Holdings LLC, a holding company Bezos created for the acquisition.[11]