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.
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…