There was a momentary spark of optimism that Amazon billionaire Jeff Bezos would save journalism by relaunching his Washington Post newspaper, with a fabulous tech-led business model showing the way for a resurgent newspaper industry.
In his first TV interview since the Washington Post purchase, Mr. Bezos said that he bought the newspaper as a personal investment and to support an "important institution." Katherine Fung reported on Huffington Post:
Speaking to CNN correspondent Dan Simon, [Bezos] said that that he was hopeful about the road ahead and his ability to contribute to the organization…Foremski's Take: Hopes that Mr. Bezos' tech acumen would reverse the misfortunes of the newspaper sector, were a key theme in news stories that announced his $250 million purchase of the Washington Post.
"I'm hopeful that I can help from a distance in part by providing runway for them to do a series of experiments, in part through bringing some of the philosophy that we have used at Amazon to the Post."
He added that the key to Amazon's success has been focusing on the customer.
It's clear now that Mr. Bezos didn't have any bright ideas going into the deal and he still doesn't have a plan. But that's not a bad thing because he might find one or three great ideas eventually.
The customer-centric newsroom...
http://www.zdnet.com/jeff-bezos-has-no-plan-for-saving-journalism-tells-editors-focus-on-customer-7000021247/
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