|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.