Amazon’s CEO Jeff Bezos purchased The Washington Post this week for $250 million.
Bezos is purchasing The Post, one of the most respected English language papers in the world, during a time of declining profits and readership for the paper.
There is speculation that Bezos has big plans for revamping the paper, which has suffered a 44 percent decline in operating revenue over the past six years.
Alan D. Mutter, a media consultant and former newspaper editor, explains the opportunity Bezos has to re-envision what it might mean to be a newspaper in the digital age.Â
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