Jeff Bezos Has Advice for the News Business: 'Ask People to Pay. They Will Pay'

Posted Thursday, June 22, 2017 10:45 am

Matt Rosoff | CNBC

Jeff Bezos made his fortune founding Amazon, and spent $250 million of his riches to buy The Washington Post in 2013.

After nearly four years running the Post, which Bezos says turned a profit in 2016 and is expected to do the same this year, Bezos has some valuable lessons to pass along to the rest of the news industry, which is struggling to compete for ad dollars against online juggernauts Google and Facebook.

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Jeff Bezos Has Advice for the News Business: 'Ask People to Pay. They Will Pay'

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