Bezos Could Give Washington Post The Gift Of Time

04:34

August 07, 2013

Jeff Bezos, CEO and founder of Amazon, is pictured in Santa Monica, Calif., Sept. 6, 2012. (Reed Saxon/AP) — Jeff Bezos, CEO and founder of Amazon, who recently bought the Washington Post, maybe part of a trend of entrepreneurs following the slow money business model. (Reed Saxon/AP)

Earlier this week, online shopping pioneer Jeff Bezos said he would buy The Washington Post.

Given the sorry state of newspaper finances, some saw his move as an act of civic charity.

Others believe Bezos is a shrewd businessman who hopes to make the Post very profitable again. Maybe both views are right.

Marilyn Geewax, a senior business editor with NPR, joins us to discuss how the new philanthropy may involve giving the gift of time — time to figure out a new business model that works.

Guest

Marilyn Geewax, senior business editor for NPR. She tweets @geewaxnpr.

This segment aired on August 7, 2013.