Amazon CEO Jeff Bezos buys Washington Post
That’s essential and would have happened with or without new ownership. The Internet is transforming almost every element of the news business: shortening news cycles, eroding long-reliable revenue sources, and enabling new kinds of competition, some of which bear little or no news-gathering costs. There is no map, and charting a path ahead will not be easy. We will need to invent, which means we will need to experiment. Our touchstone will be readers, understanding what they care about – government, local leaders, restaurant openings, scout troops, businesses, charities, governors, sports – and working backwards from there. I’m excited and optimistic about the opportunity for invention.That folksy tone may seem at odds with Amazon’s oft-ruthless business practices, but then again, Amazon didn’t get where it was by being totally open about its bastardry. If Bezos can successfully port over Amazon’s way of doing things, the Post has every shot at being the last paper standing as its fellow behemoths collapse around it. And even if he can’t stem the decline of the industry, and the paper loses a million dollars this year, and the year after that, and the year after that, at the rate of a million dollars a year, he’ll be forced to close it in… 25,000 years. He’s really, really rich, you guys.
He was chief hack and music editor of webzine Brazen from 2006 to 2010, and hosted Left of the Dial on Subcity Radio from 2008 to 2011.
He can be heard semi-regularly on the podcast of Scottish cultural blog Scots Whay Hae ('20th best website in Scotland!' - The List), and in 2011 founded Seen Your Video, a film and music podcast and blog based in Glasgow. He has a Masters degree in Scottish Literature from the University of Glasgow that will never have any practical application. You are on a hiding to nothing if you follow him on Twitter expecting any kind of hot publishing scoop.