Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Amazon.com    AMZN

AMAZON.COM (AMZN)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Washington Post software deal a double win for Bezos

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/15/2017 | 01:56am CEST

Billionaire Jeff Bezos scored a double win this week as the Washington Post, the newspaper he bought in 2013, signed its biggest contract to date to sell web publishing tools mostly hosted by Amazon.com Inc (>> Amazon.com, Inc.), the company he founded and runs.

Billionaire Jeff Bezos scored a double win this week as the Washington Post, the newspaper he bought in 2013, signed its biggest contract to date to sell web publishing tools mostly hosted by Amazon.com Inc (>> Amazon.com, Inc.), the company he founded and runs.

The deal, with Los Angeles Times-parent tronc Inc (>> tronc Inc), is a boost for the Washington Post as it looks to branch out from its core news business against a backdrop of falling advertising revenue for traditional media.

The newspaper's year-old service, called Arc Publishing, now has about a dozen clients and is aiming for $100 million in annual revenue. Bezos bought the Washington Post for $250 million four years ago in a private deal not related to Amazon.

"Thanks LA Times for choosing WaPo's Arc Publishing for your digital platform, and kudos to tech team at The Post!" Bezos posted on Twitter on Monday, when the deal was announced.

The deal indirectly benefits Amazon Web Services (AWS), the world's biggest cloud-computing business and Amazon's fastest-growing unit, which posted a 55 percent jump in sales last year to $12.2 billion.

For AWS, Arc represents a new opportunity to extend its reach into the publishing world, where a host of software companies serve both news media and corporate clients that increasingly publish material on the web to directly reach customers.

AWS already counts publishers Hearst and the Guardian as customers.

Despite the Bezos connection, the choice of using AWS is not automatic, said the Washington Post.

"We will host with whatever cloud service gives us the maximum value," the company's Chief Information Officer Shailesh Prakash said in an email, noting it uses alternative vendors Instart Logic Inc and Akamai Technologies Inc (>> Akamai Technologies, Inc.) for certain features. The Washington Post pays for AWS, he added.

"There's no doubt that this could prove to be a terrific source of captive clientele for Amazon Web Services and an interesting new market for them," said Jim Friedlich, CEO of the Lenfest Institute for Journalism and a former Wall Street Journal executive.

"If it succeeds, as I suspect it will, it will be a game-changer for The Washington Post," he said.

Analysts said the Post has taken a leaf out of the Bezos playbook, making money out of tools originally built for internal use, as Amazon did with the data centers that now form the backbone of AWS.

Gene Munster, a veteran equity analyst and now head of research at Loup Ventures, said Arc revenue will be small for AWS but "is the type of thing that (helps one become) smart in a vertical, that adds skills and features, that basically attracts clients."

The Washington Post's revenue goals for Arc will not be easy to achieve. In years past editorial technology has not been immune to the wider problems facing the print media industry, which has suffered plummeting revenue.

"Many brands are evolving (into) publishers including financial institutions, and all of them need modern story-telling tools," Prakash said. Revenue "could be significantly less if we fail to grow this nascent (and technologically challenging) business."

(Reporting By Jeffrey Dastin in San Francisco; Editing by Jonathan Weber and Bill Rigby)

By Jeffrey Dastin

Stocks treated in this article : Akamai Technologies, Inc., Amazon.com, Inc., tronc Inc
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AMAZON.COM
02:10a AMAZON COM : Prince George's joins Baltimore in competing for Amazon headquarter..
09/19 AMAZON COM : returns giant cactus from Tucson
09/19 AMAZON COM : Tucson's giant cactus gift rejected by Amazon in bid for HQ
09/19 Retailers boost holiday hires in stores to help tackle online sales
09/19 AMAZON COM : Insights into Amazon, Flipkart, Shopclues Diwali Sale - survey by C..
09/19 AMAZON COM : EDC CEO says there's a chance Amazon could come to Rowan County
09/19 INTRODUCING THE ALL-NEW AMAZON FIRE : 1080p Full HD Display, Faster Performance..
09/19 INTRODUCING THE ALL-NEW AMAZON FIRE : 1080p Full HD Display, Faster Performance..
09/19 AMAZON COM : Nick Offerman Performs Mark Twain’s A Connecticut Yankee in K..
09/19 AMAZON COM : Expands in Ohio with Monroe Fulfillment Center; New facility will e..
More news
News from SeekingAlpha
09/19 Oracle Shifting Gears To Hold Amazon RedShift In Its Tracks
09/19 COSTCO'S EARNINGS : Here's What I See Coming
09/19 KROGER : Is It A Bargain?
09/19 COSTCO : A Buy At Current Valuation?
09/19 Seeking Alpha's Weekly Media, Tech, And Finance News Round Up
Financials ($)
Sales 2017 174 B
EBIT 2017 3 155 M
Net income 2017 1 795 M
Finance 2017 13 120 M
Yield 2017 -
P/E ratio 2017 250,65
P/E ratio 2018 105,20
EV / Sales 2017 2,61x
EV / Sales 2018 1,98x
Capitalization 468 B
Chart AMAZON.COM
Duration : Period :
Amazon.com Technical Analysis Chart | AMZN | US0231351067 | 4-Traders
Technical analysis trends AMAZON.COM
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 48
Average target price 1 140 $
Spread / Average Target 17%
EPS Revisions
Managers
NameTitle
Jeffrey P. Bezos Chairman, President & Chief Executive Officer
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
John Seely Brown Independent Director
Patricia Q. Stonesifer Independent Director
Tom A. Alberg Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AMAZON.COM31.59%467 981
QVC GROUP (LIBERTY INTERACTIVE CORPORATION)15.72%15 190
START TODAY CO.,LTD.79.35%9 935
WAYFAIR INC127.56%6 999
MONOTARO CO.,LTD.46.42%3 789
B2W COMPANHIA DIGITAL99.77%3 027