Thursday, May 7, 2009

Amazon's Kindle has a big job: saving the newspaper industry

It's not even 10 inches tall, it's just one-third of an inch thick, and it costs nearly $500.

But Amazon.com Inc.'s Kindle DX, unveiled Wednesday, has already been assigned a huge job: reversing the fortunes of the struggling newspaper industry.

After announcing the features of the new device, which include a bigger-than-ever screen and a PDF reader, the Seattle company also revealed a partnership with Washington Post Co. and New York Times Co. that would allow consumers living outside the newspapers' delivery areas to get discounted Kindles if they agreed to subscribe to the Times, the Post or the Boston Globe on their device.


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