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Reading: Jeff Bezos doubles down on unprecedented block of a presidential endorsement from ‘The Washington Submit’ however admits ‘I’m not a super proprietor’
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The Texas Reporter > Blog > Business > Jeff Bezos doubles down on unprecedented block of a presidential endorsement from ‘The Washington Submit’ however admits ‘I’m not a super proprietor’
Business

Jeff Bezos doubles down on unprecedented block of a presidential endorsement from ‘The Washington Submit’ however admits ‘I’m not a super proprietor’

Editorial Board
Editorial Board Published October 30, 2024
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Jeff Bezos doubles down on unprecedented block of a presidential endorsement from ‘The Washington Submit’ however admits ‘I’m not a super proprietor’
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Jeff Bezos doubles down on unprecedented block of a presidential endorsement from ‘The Washington Submit’ however admits ‘I’m not a super proprietor’

Amazon founder Jeff Bezos may not permit The Washington Submit to run its conventional endorsement of a presidential candidate, however he’s prepared to pen and run an op-ed justifying his transfer. It’s all within the title of conserving the media unbiased, Jeff Bezos insists.

Final Friday, the Submit introduced it was not endorsing a candidate within the upcoming election, which has been deemed by some to be one of many closest in America’s fashionable historical past. Sources stated two Submit writers produced an article that endorsed Kamala Harris, however the story was killed by Bezos, the outlet’s billionaire proprietor. 

Going through backlash, Bezos is standing by his phrases. However Bezos’ op-ed signifies this can be a change of coverage for future elections. On the subject of endorsements, he stated “ending them is a principled decision, and it’s the right one.” He referred to as his determination “a meaningful step in the right direction” in the case of regaining the belief of readers amidst disillusionment with the sector usually.

Citing Gallup’s knowledge relating to slipping perception in establishments together with the media, Bezos wrote “our profession is now the least trusted of all. Something we are doing is clearly not working.” Regardless of being the proprietor of the Submit since 2013, Bezos made his wealth and spent most of his profession within the tech sector the place he based Amazon. Amazon didn’t reply instantly to requests for remark.

“It would be easy to blame others for our long and continuing fall in credibility (and, therefore, decline in impact), but a victim mentality will not help,” Bezos wrote. “Complaining is not a strategy.” Happening to say that “presidential endorsements do nothing to tip the scales of an election,” Bezos stated all they do is “create a perception of bias.” 

Analysis from professors at Brown College reveals that stated endorsements are literally fairly influential “in the sense that voters are more likely to support the recommended candidate after publication of the endorsement.” However affect varies primarily based on one’s bias. 

Even Bezos admits the timing is somewhat off, because the election is simply two weeks away from when the choice was introduced. Calling the transfer “inadequate planning, and not some intentional strategy,” he insists there’s “no quid pro quo of any kind at work here.” That’s all regardless of Dave Limp, chief government at Bezos’ Blue Origin, assembly with Republican candidate Donald Trump the day of the announcement. 

Bezos stated he didn’t know in regards to the assembly beforehand, and implored folks to belief him. Calling upon his monitor file on the Submit, Bezos stated his views are “principled.” 

Maybe this isn’t the job for a billionaire, concedes Bezos (although with none obvious need to resign). “When it comes to the appearance of conflict, I am not an ideal owner of The Post,” he wrote, noting that officers at Amazon, Blue Origin, or different firm he’s invested in are sometimes assembly with politicians. “I once wrote that The Post is a ‘complexifier’ for me. It is, but it turns out I’m also a complexifier for The Post.” 

The newspaper with the slogan “democracy lies in darkness,” has endorsed a candidate since 1976—the one different time the Submit declined to take action was in 1988, in keeping with NPR. The selection to remain on the sidelines was met with some swift backlash from each inside and exterior figures. 

Editor-at-large Robert Kagan resigned the identical day because the announcement relating to the change in endorsements, telling CNN that the coverage was “obviously an effort by Jeff Bezos to curry favor with Donald Trump in the anticipation of his possible victory,” as “Trump has threatened to go after Bezos’ business.” Three out ten folks on the Submit’s editorial board additionally stepped down due to the choice, whereas different journalists and columnists additionally stop in response. 

An op-ed signed by 21 Submit columnists disavows the selection as a “terrible mistake,” including it “represents an abandonment of the fundamental editorial convictions of the newspaper that we love.”

Bezos’ alternative additionally brought about a dent in readership: As of Monday, greater than 200,000 folks—representing round 8% of the outlet’s complete subscriber base—canceled their subscriptions to the Submit, sources instructed NPR.

“It’s a colossal number,” former Submit government editor Marcus Brauchli instructed NPR of the dip in subscribers, including there’s no solution to know “why the choice was made.:

A probable essential factor to America’s mistrust of the media is their rising skepticism of the wealthy. As wealth inequality balloons, greater than half of (59%) of People reportedly imagine billionaires create a extra unfair society per Harris Ballot’s launched survey of greater than 2,100 U.S. adults.

Whereas respondents have some regard for billionaire’s affect over the economic system, many need them out of sure spheres. Certainly one of them is the media, as 42% of People don’t suppose billionaires ought to have the ability to buy companies within the media sector.

As one of many richest folks on the planet, Bezos’ wealth isn’t simply the elephant within the room; it’s principally the entire room. “You can see my wealth and business interests as a bulwark against intimidation, or you can see them as a web of conflicting interests,” he wrote in his op-ed. Evidently some People see it because the latter.

TAGGED:admitsBezosblockDoublesEndorsementidealJeffownerPostpresidentialunprecedentedWashington
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