Bezos and all the other insiders own less than 10% of Amazon. The rest is owned by institutional investors (eg, pension funds, mutual funds) and retail investors (eg, your parents). Boycotting Amazon is cutting off your nose to spite your face considering basically everyone in the market is invested in Amazon. |
This argument makes no sense, to the true "I am cancelling in protest" person. Cancelling Amazon prime is a direct shot at Bezos. Not that he will feel it at all from a few thousand people, but I suppose it is a principled stand. Cancelling the post because they didnt make an endorsement that - no one cares about anyway -will only hurt local journalists trying to make a living -the wash post is less than a rounding error for Bezos anyway And the argument here is "but Prime is so convenient!!" lol. |
Jeff Bezos isn't even the CEO of Amazon anymore, though, so why would he care if a handful of people cancel Prime? Let's say all 200,000 people who canceled their Post subscriptions cancel their Prime subscriptions. At $139 a year, that's a whole $27.8 million that Amazon will miss out on. The average Prime shopper spends about $1,320 on Amazon in a year, according to CNBC. So that's a more substantial hit, $264 million. All told, though, that's $300 million a year in losses for Amazon. A company with annual revenue last year of $574 billion. Let's say their stock price declines by... 50 percent because of those losses, which it wouldn't. Bezos would still personally be worth about $100 billion. So... there's literally nothing angry customers can do individually or collectively that's going to make him blink, or even likely notice. Cancel or don't cancel -- I personally think canceling and hurting the paper's financial stability at a time when its news reporting (and columnists, who have not exactly been quiet about this move) could be EXTREMELY important again is shortsighted. But I also think boycotting Amazon because you're angry at a terrible decision he made at the Post isn't a whole lot better. |
This is pretty good trolling. |
NP. Because the WaPo has slowly been deteriorating over the last few years, slowly engaging in more and more whitewashing of Trump's open fascism, and this trend has accelerated since Bezos brought in Boris Johnson's buddy as publisher. The ship was already sinking. |
Bezos only owns a slither of Amazon. But either way, I think boycotting a multi billion dollar company is futile. First of all Prime subscription is only about 5% of Amazon’s revenue. If all of us consumers attempted to boycott Amazon, they would still be fine. companies are the biggest customers of Amazon & AWS. Their data centers hold the shows you stream on netflix, your pictures and docs that are saved on Apple iCloud, etc. so you might need to cancel those too. And Pfizer’s Covid vaccine - aws was used in their clinical and research and development process too. |
|
For local prep sports, one alternative:
https://www.novahssports.com/ is a decent resource that could use more volunteers. But the Washington Post’s prep section is still the gold standard. And no other publication features the all met teams and athletes with bios, etc. Maybe boycott just Amazon and shop your local main street mom and pop shops, cafes, and indie bookstores. |
I suppose you think Bezos GAF about you cancelling your subscription? The paper is a tax write off and he is happy with more losses. |
Yeah, resubscribe to the WaPo so you get your beloved sports section back. The only people you hurt by canceling your subscription are the journalists and other staff -- most of whom are as angry at Bezos and Lewis as we profess to be. |
Why should news be free? How do you expect journalists to produce it for free? Before online news, did you expect paper newspapers to be free? |
| You're going to resubscribe anyway after you're finished virtue signalling, so you'll get back local sports and whatever else you subscribed for originally, apart from the self-congratulatory feeling you wish you could have from reading that a newspaper opinion staff likes one candidate over another and that candidate is the one you like too. |
The quality of the prep sports coverage in the Washington Post puts the rest of the Metro section to shame. It is truly one of the gems of the paper. They just do straight up old school reporting and tell a lot of great stories. It’s excellent and deserves a subscription to the paper just to support those reporters and those athletes. |
+1 So many sheep canceled The Post. What is that helping? |
+1 I didn’t cancel Post. Have stopped using Amazon instead. DP |
| I would like to believe all these predictions that people who canceled their Post subscriptions are going to resubscribe, but I don't know that I'd bank on it if I were the Post. |