Alexander: Bezos' foray into newspapers suggests much e-potential

  • by: STEVE ALEXANDER , Star Tribune
  • Updated: August 7, 2013 - 11:54 AM

The big news in the news business is that billionaire Jeff Bezos, CEO of Amazon.com, has bought the financially ailing Washington Post and is willing to experiment with online news. In effect, the Internet that has afflicted the nation’s newspapers, diminishing their collective advertising revenue by 45 percent since 2006, has come to their rescue.

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