Read All About It: Digital CEO Buys traditional media…

Screen Shot 2013-08-11 at 3.56.26 PMAs the newspaper industry’s economic decline continues, the shift from old to new media is becoming more prominent…

Which is why the recent buying of The Washington Post by Jeff Bezos, founder and chief executive officer of Amazon.com has surprised many this week! One of the US’ most famous newspapers – credited with breaking the Watergate scandal nearly 40 years ago – is now under the control of a dot com businessman who has been prominent for less than half that time. Mkt. wonder what plans Bezos has to bring new life to The Washington Post – will he be able to teach an old dog new tricks?

Source: The Australian

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