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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Murdoch is breaking the Wall Street Journal. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Murdoch is breaking the Wall Street Journal
by Decius at 3:05 pm EDT, Apr 28, 2008

In the first four months of Murdoch’s stewardship, the Journal’s front page has clearly shifted focus, de-emphasizing business coverage that was the franchise, while placing much more emphasis on domestic politics and devoting more attention to international issues.

Best comment I've read on this:

Does Murdoch have any possible business plan to obtain a 20% return on a 5Billion investment? Without such, this was never about money return for him. When this purchase is mentioned, I remember a nature story about a flock of crows killing cows. They start with one crow having figured out how to land on a cow and peck out the cow's eyes. The value to Murdoch is to blind our society from the reporting of factual information. The money is to be made elsewhere with opaque financing and opaque deals. And if nobody ever really knows what he controls, then all the better for him and his.


 
 
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