In news that’s bound to piss off Tim, Rupert Murdoch has just got a whole lot more powerful (if a lot poorer, too) by buying Dow Jones, thus gaining control of The Wall Street Journal - Americas premier financial newspaper.
Any WSJ journos who remember the turmoil at The Times when Charles Foster Kane Rupert Murdoch took over, would do well to smarten up their résumé.
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the Econimist made a very good case for this purchase.
The ‘Murdochritization of the Mass-Media’ - The Sun, The News of the World, The Times, Fox News, Sky…and now the Wall Street Journal.
Just Another Brick In The Wall…
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