To one who has been predicting the demise of print media for over five years, it might seem odd that such a techie as Amazon CEO Jeff Bezos would buy The Washington Post. Why, even this past November, Bezos said in an interview, “one thing I’m certain about: There won’t be printed newspapers in 20 years.” Yet, I see nothing strange about his purchase. And, from what I have read, even Silicon Valley is happy with it. What’s going on here? The answer is surprisingly simple.
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Why Did Jeff Bezos Buy The Washington Post?
Posted by: Theodore F. di Stefano October 3, 2013 11:19 AMTo one who has been predicting the demise of print media for over five years, it might seem odd that such a techie as Amazon CEO Jeff Bezos would buy The Washington Post. Why, even this past November, Bezos said in an interview, “one thing I’m certain about: There won’t be printed newspapers in 20 years.” Yet, I see nothing strange about his purchase. And, from what I have read, even Silicon Valley is happy with it. What’s going on here? The answer is surprisingly simple.