The New Real Journalism: Bezos a WaPo to the Gray Lady

November 29, 2015

I read “Jeff Bezos Says The Washington Post’s Goal Is to Become the New Paper of Record.” As Jack Benny used to say when someone mentioned $1 million, “Yipes.”

My hunch is that the sports at the New York Times probably had other exclamations to share among themselves.

We know that Mr. Bezos seems to have made the overhead reducing cloud computing thing a money maker. We know Mr. Bezos has pulled off a 1950s style rocket ship landing which suggests the visionary inventor of the Tesla has some catching up to do in the space craft landing field. We know Mr. Bezos has lots of money.

I noted this quote, which suggests, he knows his achievement factoids as well:

Well, you know, what we’re doing with the Post is we’re working on becoming the new paper of record, Charlie. We’ve always been a local paper, and just this month The Washington Post passed The New York Times in terms of number of viewers online. This is a gigantic accomplishment for the Post team. We’re just gonna keep after that. The reason that that’s working is because we have such a talented team at the Post. It’s all about quality journalism. And even here in the Internet age, in the 21st century, people really care about quality journalism.

What will the New York Times do? Gee, I don’t know. In the third quarter of 2015, the Gray Lady generated $9 million in profit. What do you think building rockets for fun costs? Probably a lot more than real journalism Bezos style.

Stephen E Arnold, November 29, 2015

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