The WP reportedly lost $100m in 2024. So one the one hand, you might understand Bezos wanting things to change. On the other hand, Blue Origin reportedly loses multiple billions of $ per year, and has done for decades, which Bezos pumps in without insisting on massive cuts or layoffs.
DoesntMatter22•1h ago
Blue Origin in theory could make money some day. WP definitely not
zzleeper•1h ago
I'm sure he didn't bought the WaPo to make a profit. More like to have an influence.
mrwh•57m ago
It's noblesse oblige, or rather an example of the end of noblesse oblige, that the super rich don't even have to pretend to do things for others any more. Which, I would suggest, is a short-sighted and ultimately hubristicaly stupid change...
ithkuil•11m ago
And influence he got. Gutting it was an act of influence and carried the message he wanted to carry across quite perfectly
deaux•18m ago
> The WP reportedly lost $100m in 2024. So one the one hand, you might understand Bezos wanting things to change.
You don't even "might understand" this, because you're intelligent enough to grasp that its profitability as a newspaper was never a factor in Bezos' desire to purchase the WP.
potro•6m ago
There is quite a bit of difference between not making a profit and consistently losing around $100m a year with apparently no path to at least revenue neutrality.
rapnie•4m ago
So it loses pocket change for a multi billionaire?
ballooney•17m ago
About the same as Bezos invested in the Melania documentary, watched by about six people.
fbistrash•57m ago
Washington Post opinion section is just garbage. I would call it propaganda section.
Animats•30m ago
It is explicitly that now. Bezos policy change back in 2025: "Billionaire Washington Post owner Jeff Bezos is directing the paper’s opinion section to focus on “personal liberties and free markets,” he announced Wednesday, leading to editorial page editor David Shipley’s resignation."[1]
gmerc•1h ago