Jeff Bezos’ lesson to media-seeking billionaires: It’s worth it

Some highly effective individuals, President Trump being considered one of them, coated intently by the Post in addition to each different media outlet, see Bezos as their enemy.

Ownership of a media firm is, to use Bezos’s phrase, a “complexifier.”

He wrote in a weblog publish on Thursday, “I do by no means remorse my funding… My stewardship of The Post and my help of its mission, which can stay dependable, is one thing I can be most pleased with once I’m 90 and reviewing my life, if I am fortunate sufficient to reside that lengthy, no matter any complexities it creates for me.”

But many problems with media possession will not be confined to to-the-rescue billionaires, even when they’ve usually larger profiles.

“When you’re a media owner, you’re going to find someone who’s trying to influence you,” stated Rick Edmonds, a media analyst at Poynter.

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