Making Sense of Bezos' Purchase of the Washington Post
It's not often that the news media is shocked by a story about its own business.
Journalists talk shop - a lot.
There is no shortage of speculation about the future of this TV chain or that newspaper.
But it was. And it was purchased by a true man of the digital age. Bezo's company, Amazon, has figured out a way to sell just about everything - from books to food - either through or by the internet.
For her part, McBride said she hopes Bezos becomes a hands-on owner of the Washington Post.
"I hope he really gets in there and shakes things up," McBride said. "In journalism we have been trying to crack this nut for a long time. We know journalism is critical to democracy and crucial to American society, but we can't sustain it economically the way we used to sustain it. So I hope that someone like Bezos can come in and say, 'What if we tried this?'"
And, what about potential downsides to a non-journalist, businessman owner of a major American newspaper like the Washington Post?
McBride pointed out that, "this is the newspaper in the nation's capital. And Bezos has a lot of concerns about how taxation works on sales and different policies on the internet - public policies that are controlled, ultimately, by the President and Congress. I think some people are worried that he will use the paper as an arm to lobby public policy. He's a good businessman and that would be so bad for business that I can't imagine he would do that. Plus, everybody's going to be watching him and at the very hint of that they would just slam him."