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Old 08-06-2013, 01:18 AM  
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Libertarian Jeff Bezos buys The Washington Post

Libertarian Jeff Bezos buys The Washington Post

Who knew that 2013's first billionaire-libertarian-buys-major-American-newspaper story didn't involve the name Koch? And how far the once-infallible business model of newspapering has fallen....

Bezos, who was named one of Reason's "35 Heroes of Freedom" in 2003, has contributed money in the past to the Reason Foundation, the 501(c)3 nonprofit that publishes this website. Reason on the Amazon founder here.

http://reason.com/blog/2013/08/05/am...e-washington-p
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Old 08-06-2013, 01:25 AM   #2
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Libertarian lol that guy gave millions to guys like Pat Lehay
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Old 08-06-2013, 07:46 AM   #3
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His party affiliation doesn't really matter. This is a brilliant business decision. TThat'swhat matters. And no, iI don't think a savvy business guy like bezos would let his politics influence his business decisions, so I doubt this becomes another version of fox news.
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Old 08-06-2013, 08:17 AM   #4
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Originally Posted by chiefzilla1501 View Post
His party affiliation doesn't really matter. This is a brilliant business decision.
Absolutely agree here...

There is room in btween FOX News and MSNBC (and now CNN)...In fact a HUGE gaping hole.......for a more centrist, moderate, non party-line/mouthpiece type of viewpoint.

Should be interesting......especially considering people are leaving the two parties to become Independents at a fairly high rate from what I understand.
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Old 08-06-2013, 08:24 AM   #5
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Originally Posted by chiefzilla1501 View Post
His party affiliation doesn't really matter. This is a brilliant business decision. TThat'swhat matters. And no, iI don't think a savvy business guy like bezos would let his politics influence his business decisions, so I doubt this becomes another version of fox news.
I read a commentary about this that made a good point about guys who are as wrapped up in their business empire as Bezos likely is. It suggested that these guys are often pretty apolitical (and/or politically ignorant) except where politics impacts their business because they're so focused on the work they're doing. I don't know if Bezos falls in that category, but I can absolutely see it being the case for a lot of captains of commerce.
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Old 08-06-2013, 08:49 AM   #6
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I read a commentary about this that made a good point about guys who are as wrapped up in their business empire as Bezos likely is. It suggested that these guys are often pretty apolitical (and/or politically ignorant) except where politics impacts their business because they're so focused on the work they're doing. I don't know if Bezos falls in that category, but I can absolutely see it being the case for a lot of captains of commerce.
I think he is. Bezos is about building empires. His purchase could revolutionize print news. Traditional print and even online newspapers are bleeding money.

Marisa Meyer aand Jeff bezos will likely revolutionize the industry. They will be news leaders because they have a better way of delivering news in a digital age. Bezos isn't going to go after a niche group like fox news' base when he can take over the entire market.
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Old 08-06-2013, 08:56 AM   #7
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Originally Posted by chiefzilla1501 View Post
Bezos isn't going to go after a niche group like fox news' base when he can take over the entire market.
Exactly , plus there is more room in the middle anyway than on the fringes...if he just runs an objective organization without 'talking points' and finds a way to make money....(as you point out 'revolutionizes things' ) then it will change the status quo...
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Old 08-06-2013, 09:12 AM   #8
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I don't expect much to change with this purchase of a major organ of the state. It's just nice to see another state organ fall. Hooray!

I think print is just going to go due to technology. It can't be revolutionized...unless you mean they will be gone'rs.
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Old 08-06-2013, 09:51 AM   #9
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I don't expect much to change with this purchase of a major organ of the state. It's just nice to see another state organ fall. Hooray!

I think print is just going to go due to technology. It can't be revolutionized...unless you mean they will be gone'rs.
I am talking about print as in 'content.'

Traditional print will disappear very soon. Even an online / print combo doesn't make sense.

Yahoo will come out a big winner because they have the full suite of content sites, they can own mobile, and they know the ad networks. Bezos' model is interesting because he is going to revolutionize the way we think of subscriber services by integrating content seamless via e delivery (eg kindles)
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Old 08-06-2013, 10:40 AM   #10
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Exactly , plus there is more room in the middle anyway than on the fringes...if he just runs an objective organization without 'talking points' and finds a way to make money....(as you point out 'revolutionizes things' ) then it will change the status quo...
Definitely interesting to monitor. Alternative is that bezos buys several newspapers and target markets each of them. For example, Washington post becomes a conservative media and he buys the new york times for the liberal stuff. Of course that is a complete hypothetical. But you're right because the interesting thing here is I don't think bezos wants to compromise amazon's reputation by alienating consumers who don't agree with your politics so you're right that some level of balance is probably necessary Which wwould be refreshing.
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Old 08-06-2013, 11:10 AM   #11
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Originally Posted by patteeu View Post
I read a commentary about this that made a good point about guys who are as wrapped up in their business empire as Bezos likely is. It suggested that these guys are often pretty apolitical (and/or politically ignorant) except where politics impacts their business because they're so focused on the work they're doing. I don't know if Bezos falls in that category, but I can absolutely see it being the case for a lot of captains of commerce.
I suspect Bezos was motivated to buy the paper to control the editorial page, but hopefully he will return the paper to its glory days when it was known for its in-depth investigative reporting on the day to day happenings inside the beltway. Nobody seems to be dedicated to in-depth a-political reporting in D.C. anymore.
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Old 08-06-2013, 12:13 PM   #12
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Exactly , plus there is more room in the middle anyway than on the fringes...if he just runs an objective organization without 'talking points' and finds a way to make money....(as you point out 'revolutionizes things' ) then it will change the status quo...
I'm not sure that's possible. Simply trying your damndest to be impartial while acknowledging your natural biases would be refreshing.
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Old 08-06-2013, 03:17 PM   #13
chiefzilla1501 chiefzilla1501 is offline
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I suspect Bezos was motivated to buy the paper to control the editorial page, but hopefully he will return the paper to its glory days when it was known for its in-depth investigative reporting on the day to day happenings inside the beltway. Nobody seems to be dedicated to in-depth a-political reporting in D.C. anymore.
Bezos is a powerful guy who loves to build empires.

I highly doubt he's doing this as a pet project to push some kind of political agenda. Why in the world would he do that if that could hurt his business results for his baby, which is Amazon?

Bezos is doing this because he has a chance to reinvent print media, a dying business. He has the smarts to potentially be to newspaper media what iTunes was to music. I am guessing that succeeding in his business is a hell of a lot more important to him than wasting his time pushing some political opinion.
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Old 08-06-2013, 03:50 PM   #14
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I'm not sure that's possible. Simply trying your damndest to be impartial while acknowledging your natural biases would be refreshing.
A-****ing Men

Its probably not possible....

I would settle for them not running the party line talking points 24/7 and just trying to present the facts..and not (like CNN) having piers morgan and nancy grace running every single yellow-journalistic non story 24-7 trying to sensationalize every non important side issue red herring ......

Journalism is what I think they used to call it....
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Old 08-06-2013, 04:19 PM   #15
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A-****ing Men

Its probably not possible....

I would settle for them not running the party line talking points 24/7 and just trying to present the facts..and not (like CNN) having piers morgan and nancy grace running every single yellow-journalistic non story 24-7 trying to sensationalize every non important side issue red herring ......

Journalism is what I think they used to call it....
There is unfortunately also the possibility that stories will be generated by demand + what the advertisers want. It's interesting to think of the implications. On the one hand, WaPo can become quicker to deliver the timely news people want to hear. On the other hand, stories can easily be influenced by the highest bidder.

In either event, Bezos can save the newspaper industry by just bringing it into the digital age. Print isn't necessarily dead, it's just run by dinosaurs, just as when music producers refused to move to mp3s.
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