There should be no more closely watched media transformation than what is playing out at The Washington Post.
It’s why one might check out the new edition of The Economist that offers a rather upbeat dissection of what’s playing out under new owner Jeff Bezos.
It concedes that there are many spots where “journalism is quite different from e-commerce: It is a lot harder to monopolize the market in ideas than to dominate the selling of books and baubles.” To wit:
The Post is in a business where competition for attention, and advertising, is far stronger than that Amazon faced when it was establishing itself. Other digital firms, including Facebook and Google, continue to disrupt the news business. Facebook is striking deals with newspapers in which it posts their articles directly on its platform in return for a cut of advertising revenues.