Bezos’s move is not like the recent purchases of Newsweek, where there was an illusion of turning it around, or the Boston Globe, bought by John Henry, who owns the Boston Red Sox baseball team and Liverpool Football Club. Perhaps the most interesting example is Rupert Murdoch – the son of an Australian news baron – who recently split his family-controlled News Corporation, into the TV and film company 21st Century Fox and the less profitable new News Corp, which retains the news and publishing operations.