1 Minute View: Yeh toh hona hi tha!

06 Aug,2013

When the Washington Post company sold Newsweek magazine to electronics magnate Sidney Harman for $1 in 2010, it was evident that the Washington Post wasn’t emotional about its possessions. The bestselling newsmag had been having its share of problems and later Mr Harman teamed with the Daily Beast to revive the magazine. But the project didn’t work, Newsweek print shut down, and last weekend, it was sold to another media company.


So it was clear that if push comes to shove, WaPoCo would sell WaPo.


The question now is will Jeffrey P Bezos be able to reinvent the Washington Post and other print products for the digital age? Mr Bezos is an entrepreneur, but has been hailed as an inventor, a pioneer and a visionary. Quite like how one would refer to a Steve Jobs as.


The challenges are many and Mr Bezos has a huge challenge ahead of him.


We don’t know if he’ll be able to do it, and we are certain that Mr Bezos too doesn’t have all the answers. But what we do know is that the man is quite definitely equipped to lead Washington Post to the next level.


Let’s wish him and the employees all the luck.


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