Amazon Disrupts Another Industry in All the Right Ways
Depending the side of the technological gap you straddle, Amazon.com and its highly disruptive ways can evoke fear or greed. However, no one will dispute that the company has been one of the highest-profile agents of sweeping change in the digital age. The company has made billions by moving from selling books to everything from cloud storage to diapers today. However, it was Amazon's budding media empire that recently made waves, and it did so for all the right reasons. The company announced that it had inked a deal with publisher Conde Nast that, although nominal in dollar figures, carries the symbolic weight of a freight train. In this video, tech and telecom analyst Andrew Tonner gives the skinny on this new deal and frames how investors should think about it going forward.
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The article Amazon Disrupts Another Industry in All the Right Ways originally appeared on Fool.com.Fool contributor Andrew Tonner has no position in any stocks mentioned. Follow Andrew and all his writing on Twitter at @AndrewTonner. The Motley Fool recommends and owns shares of Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.