Thursday, July 26, 2007

Should I renew my subscription to the WSJ?

I'm waiting to find out what happens with the takeover.
And if the takeover succeeds, is Rupert going to mess with our beloved Journal ?

From the article:

"In the long run, the owner of the newspaper is going to wind up calling the shots," said newspaper industry analyst John Morton.

"There has been this history, whether (Murdoch) acknowledges it or not, that his publications have sometimes operated in furtherance of his business and political interests," Morton said. "Although he denies it, his publications and some of his broadcast operations have not vigorously investigated things that go on in China because he has business interests there."

Ben Bagdikian, a media critic and former dean of the Graduate School of Journalism at the University of California at Berkeley, said that because of Murdoch's history, "any promise, written or oral, not to change things toward his own ideology has to be taken with a grain of salt."

"The Wall Street Journal's editorials are already the most conservative in the country, so his changes, I think, will be in what news he prints and what he does not, what sources he uses and which ones he shuns," Bagdikian said.

The Dark Lord's taking over the world, all right.

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