The Post could lose all its subscribers and Bezos could still easily cover costs. He isn’t in the newspaper business for the money. He bought it for exactly moments like these. 8% is how much he just paid to hedge his bets
Yeah I was being hyperbolic for effect, but the point is that he owns the WaPo so that he can use it for his own personal social and political gain, not to make money off of it. I doubt the WaPo readership will substantially drop from this. And I have many questions about the people who still read his rag
The Post could lose all its subscribers and Bezos could still easily cover costs. He isn’t in the newspaper business for the money. He bought it for exactly moments like these. 8% is how much he just paid to hedge his bets
No point covering costs if no one is reading.
Yeah I was being hyperbolic for effect, but the point is that he owns the WaPo so that he can use it for his own personal social and political gain, not to make money off of it. I doubt the WaPo readership will substantially drop from this. And I have many questions about the people who still read his rag