Amazon founder Jeffrey Bezos's $250 million purchase of the Washington Post struck the AMerican newspaper industry like a bolt of lightning. Giving the paper hope for continued solvency, but openong up a myriad of questions about the future of journalism at the Post -- and in the industry at large. Gloria Goodale in the Christian Science Monitor looks at the plusses and minuses resulting from this transaction and whether it will lead to more:
" “Clearly we are seeing notable great dailies come into the hands of very wealthy individual owners,” says Mark Jurkowitz of the Pew Research Center.
"These are a new class of owners,” points out Mr. Jurkowitz. “They are more unfettered.”
In the case of Mr. Bezos, he notes for instance, the Amazon founder and new Globe owner will be able to operate without having to explain his actions to outside shareholders...
Gloria Goodale's article here