Murdoch and The Wall Street Journal
May. 3rd, 2007 07:12 am♠
Rupert Murdoch has spent years thinking about what he would do with The Wall Street Journal if he could just get his hands on it. Based on his business history, he often gets what he wants.
-- Richard Siklos for The New York Times
Mr. Murdoch, the Fox News guy, has made a bid of five billion dollars for the Wall Street Journal. So far, the controlling Bancroft family opposes the sale.
The Wall Street Journal is a conservative paper, naturally, and a well-respected and authoritative source. One would expect that Murdoch would not want to hurt that image. Still, one cannot help wondering what a Murdock ownership could portend for the prestigious paper.
Personally, just in terms of media consolidation, I would think it is a better world if the Wall Street Journal remains out of his hands. It is a sickening thought that so much be in so few hands. Especially Murdoch's hands. Though, I admit more racy nudity is a good thing more often than not.
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Rupert Murdoch has spent years thinking about what he would do with The Wall Street Journal if he could just get his hands on it. Based on his business history, he often gets what he wants.
-- Richard Siklos for The New York Times
Mr. Murdoch, the Fox News guy, has made a bid of five billion dollars for the Wall Street Journal. So far, the controlling Bancroft family opposes the sale.
The Wall Street Journal is a conservative paper, naturally, and a well-respected and authoritative source. One would expect that Murdoch would not want to hurt that image. Still, one cannot help wondering what a Murdock ownership could portend for the prestigious paper.
Personally, just in terms of media consolidation, I would think it is a better world if the Wall Street Journal remains out of his hands. It is a sickening thought that so much be in so few hands. Especially Murdoch's hands. Though, I admit more racy nudity is a good thing more often than not.