Rupert Murdoch’s Wall Street Journal?

[amicus]

Keyword search: new rupert murdock wall street journal buy out

http://news.blogs.nytimes.com/2007/07/31/rupert-murdochs-wall-street-journal/

July 31, 2007, 3:03 am

Rupert Murdoch’s Wall Street Journal?

"...Rupert Murdoch’s News Corporation has tentatively gained enough support from the deeply divided Bancroft family to buy Dow Jones & Company, the publisher of The Wall Street Journal.

What do you think of a Dow Jones-News Corp. deal? ..."


http://www.nytimes.com/2007/05/04/b...17600&en=089f303816c76bf6&ei=5124&partner=dig


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Two things: It is a free country and there should be competition in the media markets; the New WSJ will effectively balance the very Liberal New York Times and offer nationwide competition for opposing viewpoints in political and business matters, and thus is a good thing.

Amicus

 

[JamesSD]

Murdoch is a buisinessman first, and a crazy conservative second. I'm sure he's well aware that if the news page drifts to the right from its current position of objectivity (and it arguably is the most moderate of all major news sources, at least right now), it's going to cost subscriptions. Print journalism is in a very dangerous position, especially looking forward; few people of my age bracket recieve the daily paper. The WSJ has the advantage of being popular as a "second newspaper" for buisiness-types. But maintaining that status is dependant on maintaining a high level of journalistic integrity.

Looking into my crystal ball, I see two potential outcomes. One is that the journal will keep plugging along, same as ever. The other is that Rupert Murdoch will be trying to sell it for whatever he can get. Time will only tell...

 

[ishtat]

Murdoch is a buisinessman first, and a crazy conservative second. I'm sure he's well aware that if the news page drifts to the right from its current position of objectivity (and it arguably is the most moderate of all major news sources, at least right now), it's going to cost subscriptions. Print journalism is in a very dangerous position, especially looking forward; few people of my age bracket recieve the daily paper. The WSJ has the advantage of being popular as a "second newspaper" for buisiness-types. But maintaining that status is dependant on maintaining a high level of journalistic integrity.

Looking into my crystal ball, I see two potential outcomes. One is that the journal will keep plugging along, same as ever. The other is that Rupert Murdoch will be trying to sell it for whatever he can get. Time will only tell...

Murdoch is not primarily interested in the printed WSJ. His interest is in selling a subscription based financial information service on the internet. The WSJ is the top 'brand 'in the US and will fit his ambition perfectly.

 

[amicus]

Murdoch is not primarily interested in the printed WSJ. His interest is in selling a subscription based financial information service on the internet. The WSJ is the top 'brand 'in the US and will fit his ambition perfectly.

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Ah, you beat me to it, ishtat...add also that the new Fox Business Channel will Premier in a few months and will merge the WSJ data with the biz show, quite a coup they are saying.

amicus...

 

[kendo1]

The WSJ is objective?

From what I understand it's the most right wing paper in the world. Murdoch will probably make it even more so.

 

[WRJames]

He'll probably add a gossip column and a daily numbers game -- maybe redo it in tabloid format.

 

[Jenny_Jackson]

Just what we need: Bill O'Reily giving the news on Wall Street. Things are bad enough there without that.

 

[amicus]

Just what we need: Bill O'Reily giving the news on Wall Street. Things are bad enough there without that.

~~~

Gee, Jenny, you never stop hating do you?

In spite of the very costly tragedy of 9/11 and then Katrina, the economy is strong enough to overcome that and the billions of dollars to prosecute the liberation ofIraq. The stock market at an all time high, full employment, low taxes, low unemployment.

The real problems we face, an outdated social security scheme put in place by Roosevelt in the 30's that should be privatized. Medicare and Medicade scandals, the solutions to which are also privatization and excluding government interference and intervention. And a totally failed public school system that also needs to be completely dismembered and turned over to the market place.

Things are not bad at all, m'dear, you just like to whine.

amicus...

 

[JamesSD]

The WSJ is objective?

From what I understand it's the most right wing paper in the world. Murdoch will probably make it even more so.

Their editorial page leans far to the right, but their news page, at least up until now, is considered quite moderate.

 

[Joeybagadonuts]

http://www.newscorpse.com/ncWP/?p=10055

 

[slyc_willie]

It's always a curious exercise in asininity when some random poster form the GB resurrects a six-year-old thread for the sake of promoting a useless argument.