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The Washington Post has an interview with Jeff Bezos - founder/CEO of Amazon.com and the man who is in the process of buying the Post for $250 million - in which he talks about what he thinks he can bring to the journalism business.

“We’ve had three big ideas at Amazon that we’ve stuck with for 18 years, and they’re the reason we’re successful: Put the customer first. Invent. And be patient,” Bezos says. “If you replace ‘customer’ with ‘reader,’ that approach, that point of view, can be successful at The Post, too.”

According to the piece, "Bezos said his major contribution to the business will be in offering his 'point of view' in discussions with the paper’s leadership about how the publication should evolve. He also said he provides 'runway' - financial support over a lengthy period in which the management can experiment to find a profitable formula for delivering the news. 'If we figure out a new golden era at The Post . . . that will be due to the ingenuity and inventiveness and experimentation of the team at The Post,' he said. 'I’ll be there with advice from a distance. If we solve that problem, I won’t deserve credit for it.'"

Bezos says that he decided to buy the Post because he could bring an increasingly irrelevant business model "some skill in technology and the Internet and a point of view about long-term thinking, reader focus and the willingness to experiment.”

You can read the entire story here.
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