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Bezos Defends Melania Trump Doc's Business Value
20 May
Summary
- Jeff Bezos stated the Melania Trump documentary was a good business decision.
- He defended its box office and streaming performance, citing curiosity about Melania.
- Bezos emphasized The Washington Post must be profitable, not a charity.
Jeff Bezos, Amazon's founder, has asserted that the company's $75 million acquisition of a documentary about Melania Trump was a sound business move. He clarified his lack of direct involvement in the decision but highlighted the film's strong performance in theaters and on streaming platforms, attributing this to public interest.
Bezos further discussed The Washington Post, which he also owns. He stressed the newspaper's necessity to be a profitable entity, rejecting the notion of it being a charity. He advocated for financial discipline and relevance to readers, stating that newsroom staff reductions were data-driven, with an exception made to protect investigative reporting.
He also drew parallels between Amazon's media ventures and The New York Times, pointing out the latter's financial success as a model for a self-sustaining publication. Bezos reiterated his vision for The Washington Post to remain a vital institution through this rigorous financial approach.
