Thread: Is Amazon likely to acquire a Big 5 publisher? And, if so, what would it do with it?
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Old 03-03-2018, 04:41 AM   #21
pwalker8
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Quote:
Originally Posted by SteveEisenberg View Post
The next half-year was US$1. And now they quietly bill me $3.99 a month. How long I'm grandfathered in at a still highly discounted price, I have no idea.

The Post is of course personally owned by Bezos, rather than being a part of Amazon. While he doesn't want the paper to lose money, I think he bought it as a public service. By contrast, if Amazon bought a big publisher, it would be a business decision, made on similar criteria to those if Amazon bought any other supplier.
I suspect that Bezos owns the Post for the same reason he donates a lot of money to various politicians, i.e. to influence public opinion and public policy. I seriously doubt public service has a thing to do with it.
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