This is what Jeff Bezos is for!
that executive editor Sally Buzbee had stepped down after three years atop the masthead. Buzbee’s resignation was clearly linked to new CEO and publisher Will Lewis’ decision to drastically reorganize the Post newsroom while installing two former colleagues in high-ranking editorial roles at the paper. In a newsroom meeting on Monday, Lewis defended his hires and spared no words in assessing the paper’s reported financial dilemma. “We are losing large amounts of money.
There is a school of business thinking that says the most agile businesses must simultaneously forget the past while maintaining the present and creating the future. In this framework, an excessive focus on a company’s reputation or past accomplishments can blind that company to both the realities and the opportunities of the current business landscape.
Meanwhile, Bezos’ apparent reluctance to throw money that he would not miss at those of the Post’s problems that a lot of money would solve makes me skeptical that the plutocrat understands what his actual value add is here. It’s not his insights into building an agile online business. It’s his bank account. The entire point of having someone like Bezos buy and own one of our best newspapers is to save that newspaper from having to sweat so hard in pursuit of agility and profitability.
be able to sustain itself, and so on and so forth. To my mind, these are all excuses.
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