Jeff Bezos Mostly Bought Kaplan, not the Washington Post

, Aug 06, 2013
Commentary by Stephen Downes

Update: I was wrong. Why is Amazon's Jeff Bezos buying the Washington Post? Not, as so many pundits have claimed, to express faith in print media. No, it's to sell online learning. "Both Kaplan University, a for-profit college, and Kaplan Test Prep, which sells instruction and printed products for tests of all sorts, have turned large profits pretty recently. They’ve fallen on hard times in the last two years, as for-profit colleges everywhere have seen legislators, investigative reporters, and scam blogs turn on them. But they’ve got the potential to be moneymakers, especially if Bezos figures out how to leverage Amazon on their behalf."

I hate it when that happens.

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