> There is no reason to own a newspaper other than influence. Actually, again, academic analysis suggest there are two primary reasons rich people buy media ou

> There is no reason to own a newspaper other than influence. Actually, again, academic analysis suggest there are two primary reasons rich people buy media outlets. One is for influence (like Murdock) and the other is for prestige (like they would buy a Van Gogh or a wing at the ballet). > would Bezos be happy if WaPo suddenly became a right-leaning publication tomorrow? Probably not. Those are far lower in prestige. In much the same way that people donating to an opera company would be upset if they primarily decided to use their venue for open-mic nights.