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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][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] 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. [/quote]
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