In my years discussing disruptive innovation while teaching Newspaper Next concepts, I often said that newspapers’ advertising/circulation blinders kept us from developing a digital marketplace such as Amazon.
Well, now, we finally have Amazon’s disruptive founder in the newspaper business, with the Washington Post’s announced sale to Jeff Bezos.
I don’t have time to analyze the deal today — and wouldn’t trust such swift analysis if I did — but I am glad to see such a disruptor coming to the newspaper business. I think we can count on the Post moving beyond the narrow advertising/subscriptions model that is collapsing.
To see Bezos bringing his disruptive approach to the newspaper of Katharine Graham, Ben Bradlee, Bob Woodward, Carl Bernstein, Dana Priest, Carol Guzy and Gene Weingarten is exciting and intriguing. I look forward to it in anticipation.
It’s not what Matt Thompson and Robin Sloan forecast in EPIC 2014, but that did forecast an amazing Amazon merger. So I’ll post it here as a reminder.