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Why Jeff Bezos Bought The Washington Post

Stephanie Denning It wasn’t an intrinsic operational issue, but the changing landscape. “The internet was just eroding all the advantages that local newspapers had. All of them.” Instead, Bezos relied on https://dedictage.wordpress.com intuition to guide him. Bezos began to think about the meaning behind the institution. Would the demise of this institution matter? “If this were a financially upside-down, salty snack food company, the answer would be no. But as soon as I started http://mayceeperruzza.wordpress.com thinking about it that way, I started to realize this is an important institution…. “It is the newspaper in the capital city of the most important country in the world. The Washington Post has an incredibly important role to play in this democracy. There’s no doubt in my mind about that.” But Bezos didn’t want to purchase it simply to slow the institution’s death if it was fated to fail. He wasn’t planning on providing operational hospice care for the Washington Post.

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