Hah! Good point.

[randomness]

Joseph Cotterill, posting in the FT Alphaville blog yesterday:

Jeff Bezos knows all about running a business with low margins, where booming profits are merely a distant goal, and where building market share is the reigning, but quite easily forgotten, task.

Today he bought a newspaper.

Comments

[achinhibitor.livejournal.com]

I can easily see the Post surviving as a quality institution that more or less breaks even for many years.

It might return to what newspapers, publishers, and other cultural businesses were during the mid-1900s, businesses that gave their owners tremendous prestige but meager profits. I'm sure there are cocktail parties that the publisher of the Washington Post is invited to that the CEO of the 49th company on the Fortune 500 is not.