The Newsonomics of Newsweek’s Pricey Relaunch

First published at Harvard’s Nieman Journalism Lab Maybe the third time is the charm. Three years before Don Graham and Jeff Bezos talked about selling and buying The Washington Post, the Graham family bid goodbye to its second favorite son, Newsweek. Sid Harman, then 91, optimistically ...

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The Newsonomics of Jeff Bezos’ (and Warren Buffett’s) “Runway”

What do all of these newspaper buyers have in common? They don’t have to look back at loss and what used to be. They’ve bought strong brands with tens or hundreds of thousands of reader/customer relationships and thousands of advertising relationships. Those are the kinds of assets that a ...

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The Newsonomics of Jeff Bezos Buying the Washington Post

First published at Nieman Journalism Lab It is a thunderbolt. If not tossed down from Mt. Olympus, it is thrown from Mt. Amazon, not far from Washington’s beatific Olympic Mountains. Jeff Bezos’s surprise buying of the Washington Post whipsaws media, and a media-watching world, intrigued by Red ...

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“In Six Months, They’ll All Be Idiots, Too”

An old pro recently asked, “Is there anything newspapers can do to turn it around at this point?, that’s what my friends are asking me.” My reply, well, today, no, if you mean turning the business back up, on a dime. There’s a bright future out there, earned by doing a ...

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