Friday, August 9, 2013

Newspapers Should Be More Like Amazon

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What's intriguing about Jeff Bezos, who purchased The Washington Post this week, is not that he's a digital guy or that he has a lot of money — though both certainly help — but that ever since he founded Amazon, he’s specialized in the long view


The company lost money for nine years, and Bezos continues to prioritize long-term investment over near-term profit. That's how great, enduring companies are created or transformed — by building strong infrastructure, products, brand and relationships with customers. And to their credit, Amazon shareholders are rewarding this strategy and vision. They know there will be time enough to see returns on these investments, returns that will reflect the massive value Bezos is building. Read more...


More about Media, Amazon, Print, Jeff Bezos, and Newspapers



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