Please ensure Javascript is enabled for purposes of website accessibility

Bigger Threat to Newspapers: Google or Amazon?

By Tim Beyers - Apr 24, 2013 at 9:46PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Jeff Bezos invests in Business Insider.

Jeff Bezos is in the disruption business. His latest target: printed news media. The Amazon.com (AMZN 3.66%) founder led a $5 million investment round in Henry Blodget's online news site, Business Insider.

The pairing is interesting on multiple levels. Blodget at one time covered Bezos and Amazon as a financial analyst for Merrill Lynch, with disastrous results. He's rehabilitated his image in the years since. BI is a go-to-destination for many seeking market and business commentary. More than a few Motley Fool writings have appeared there.

Amazon, meanwhile, seems determined to shatter the very foundation of traditional media and publishing. Think of direct-to-Kindle books and self-produced television shows, for example. Now, by investing in BI, Bezos appears to be going after newspapers and traditional magazines, says Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova in the following video.

Will he succeed? A digital newsstand of direct-to-Kindle commentary isn't out of the question, Tim says, and it could hurt traditional properties such as New York Times Co. (NYT 3.70%). Please watch this short video to get Tim's full take, and then leave a comment to let us know where you see Business Insider fitting into Amazon's plans.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Amazon.com, Inc. Stock Quote
Amazon.com, Inc.
AMZN
$2,302.93 (3.66%) $81.38
The New York Times Company Stock Quote
The New York Times Company
NYT
$34.44 (3.70%) $1.23

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
356%
 
S&P 500 Returns
124%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/28/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.