American journalism has entered highly dangerous terrain. A tip-off is that the Washington Post refuses to face up to a conflict of interest involving Jeff Bezos — who’s now the sole owner of the powerful newspaper at the same time he remains Amazon’s CEO and main stakeholder.
|By: Norman Solomon Monday January 13, 2014 7:15 pm|
|By: Norman Solomon Wednesday January 8, 2014 2:20 pm|
A basic principle of journalism is to acknowledge when the owner of a media outlet has a major financial relationship with the subject of coverage. We strongly urge the Washington Post to be fully candid with its readers about the fact that the newspaper’s new owner, Jeff Bezos, is the founder and CEO of Amazon which recently landed a $600 million contract with the CIA. The Washington Post’s coverage of the CIA should include full disclosure that the sole owner of the Post is also the main owner of Amazon — and Amazon is now gaining huge profits directly from the CIA.
|By: Norman Solomon Wednesday December 18, 2013 8:00 pm|
News media should illuminate conflicts of interest, not embody them. But the owner of the Washington Post is now doing big business with the Central Intelligence Agency, while readers of the newspaper’s CIA coverage are left in the dark.
|By: Jane Hamsher Wednesday August 7, 2013 3:50 pm|
If Bezos intends to wring those revenues out of online advertising — the only growing segment of the Post’s revenue stream — he’s going to come up against the Google monopoly.
|By: Jane Hamsher Tuesday August 6, 2013 2:50 pm|
If Jeff Bezos ever tires of regularly shelling out tens of millions of dollars to subsidize the Washington Post’s losses, he’s going to have to take on the Google online advertising monopoly.
|By: Jon Walker Tuesday August 6, 2013 9:20 am|
I don’t know why Jeff Bezos decided to personally buy the Washington Post. If the plan was to just make money then it seems like a bad investment. Most papers are suffering from declining circulation, falling revenues and increased online competition. Even if Bezos turns it around, it is hard to see any newspaper becoming a major money maker. Plus, why try to re-invent the newspaper personally instead of buying it with Amazon to give it real synergy potential?
|By: TBogg Monday August 5, 2013 4:15 pm|
In light of Amazon’s Jeff Bezos’ purchase of The Washington Post, I’ll just point out that two weeks ago, using my Amazon Prime account, I purchased 100 pounds worth of dumbbells (no, not Jim Hoft and Matt Boyle) and received them in two days without paying any shipping costs. So, it’s not like Bezos doesn’t already have experience in running a business at a loss and convincing shareholders that it is a highly profitable operation.