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Josh Benton

๐Ÿ‘ค Speaker
143 total appearances

Appearances Over Time

Podcast Appearances

Radio Atlantic
How Jeff Bezos Broke the Washington Post

And that means that a relatively small decision, like we're not going to endorse someone for president,

Radio Atlantic
How Jeff Bezos Broke the Washington Post

can have a really outsized impact because it creates for a quarter million people a reason to suddenly say, you know what, it's not worth the 10 bucks a month, the 15 bucks a month that I'm paying if they're going to be doing something that I find so much in opposition to my point of view.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

Yeah, you saw at the time when people were canceling their subscriptions, you would see on social media reporters from The Post saying, please don't cancel The Post.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

We understand that you may not like the decision that was made by our owner, but it's your money that allows us to keep operating, to allow us to still have jobs.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

So there is a real tension there.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

But at the same time, for me, it's very difficult to describe what happened at The Post as primarily a market-driven phenomenon.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

The amount of money that The Post is losing is enormous to you or to me.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

To Jeff Bezos, it is nothing.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

His net worth in the past year has gone up enough to continue to pay for all the money that the Washington Post is losing for the rest of his life and the rest of his children's lives and the rest of his grandchildren's lives.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

His wealth is at such a scale that there is no reason that a set of cuts like the one that we've seen this week is an economic necessity.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

It's a choice.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

There are enormous negative financial things happening in the digital news business more broadly.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

But I think that is distinct from what is happening to the Washington Post because that is one man's choice fundamentally.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

You know, that's a very reasonable question.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

I'd say the reason I would expect different is because he acted differently.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

The Washington Post was never a source of profit for him in any significant way.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

When Bezos first bought the Post in 2013, one way I thought about it was there aren't many things that a man that wealthy and that powerful can do to change something in the first few paragraphs of his obituary.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

When Jeff Bezos dies, he will be described as the founder of Amazon.com, who created one of the great fortunes of all time.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

You know, if he takes mankind to another planet, perhaps that would show up there as well.

Radio Atlantic
How Jeff Bezos Broke the Washington Post

If he had saved one of the most important journalistic institutions in America, that would be another thing that would show up in those first few paragraphs, perhaps.