Why did Jeff Bezos personally buy The Washington Post?

Jeff Bezos, the founder of Amazon, bought The Washington Post in 2013, sparking curiosity about his motivations. He has explained that his purchase was driven by a desire to safeguard the future of high-quality journalism, which he sees as crucial for democracy. He also saw an opportunity to apply his expertise in technology and business to help the newspaper adapt to the digital age. Furthermore, Bezos' personal investment allows for long-term planning, free from the pressures of public shareholders. His purchase underscores his belief in the value of traditional media, even in our rapidly evolving digital landscape.

Written by

Dorian Blackthorne, Jul, 22 2023