NEW YORK (AP) — Jeff Bezos is hoping the strategic approach that's made Amazon such a success will help revive the struggling Washington Post.
In his first interview since announcing his $250 million purchase of the storied newspaper last month, Bezos told The Post that three ideas have propelled Amazon's success: Put the customer first. Invest. And be patient.
Amazon's CEO is optimistic these ideas will translate well to The Washington Post and turn around its business.
Bezos said his major contribution will be offering his opinion on how The Post should evolve. He also expects his financial support will give The Post's management time to find a way to deliver the news profitably.
Bezos is visiting The Post on Tuesday and Wednesday.
The sale is expected to close next month.