The Return On Jeff Bezos' Investment In "The Washington Post" Could Be Huge
If Jeff Bezos can do for 'WaPo' what he did for books, he'll be a legend.
Jeff Bezos’ purchase of The Washington Post reconfirms that the newspaper industry is hurting, that the media industry is still in a state of flux, and that no matter how digital content gets, we still have a soft spot for ink. A venerable, old school newspaper that was founded in 1877 was bought by someone who has made their fortune in e-commerce and the news took over Twitter, with “WaPo,” “Washington Post,” and “Jeff Bezos” all trending at some point in the past 24 hours.
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