Michael Bloomberg reportedly wants to buy either Rupert Murdoch's WSJ or Jeff Bezos' Washington Post

• Michael Bloomberg wants to expand his media empire with either Dow Jones or The Washington Post, Axios reports.
• The former is owned by Rupert Murdoch, and the latter by Amazon founder Jeff Bezos.

Billionaire Michael Bloomberg is reportedly eyeing a purchase of either the Rupert Murdoch-owned publisher of the Wall Street Journal — Dow Jones — or the Jeff Bezos-owned Washington Post.

Axios reported on Friday that Bloomberg, who owns the Bloomberg media outlet, wants to buy one of his fellow billionaires' media companies. He reportedly sees a Dow Jones purchase as the stronger option.

Dow Jones, which is owned by Murdoch's News Corp, is the parent company of such publications as the Journal, Barron's, and MarketWatch.

A News Corp spokesperson declined to comment for Insider. A representative for Bezos did not immediately return a request for comment from Insider. A spokesperson for the Post told Axios: "The Post is not for sale."

Bloomberg has yet to approach Murdoch about his interest, according to Axios.

But he is also interested in The Washington Post and sees the combined force of Bloomberg and the Post as a serious competitor to The New York Times, according to Axios. The Amazon founder bought the Post in 2013.

The purchase of either would give Bloomberg an even more substantial media empire at a time when some media companies are struggling ahead of a potential economic downturn. The Post announced last week that it would cut some jobs in early 2023.