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Metropolitan DC Local Politics
Reply to "Canceled Wapo - suggestions for local sports coverage?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Did you cancel your Amazon Prime, too? Doing so would be more beneficial than canceling your Post subscription.[/quote] How would this be beneficial?[/quote] DP. Because it would send a stronger message to Jeff Bezos, the person responsible for the editorial decision that people are cancelling in protest of. I personally don’t get canceling a WaPo subscription over this. Why put a nail in the coffin of a very liberal newspaper if you care about liberal issues? Seems very self-defeating. Bezos isn’t getting rich off of WaPo. It’s a charity case for him. [/quote] 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.[/quote]
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