More on Dow Jones
Of course, the media world is awash in commentary about the Dow Jones deal and “what it all means.” It would be impossible to summarize it except to say there is a range of opinion, from “he won’t really change anything” to “it’s over.” If you’re interested in reading more, go to Romenesko’s page on [...]
It's Over: Dow Jones is Sold to Murdoch
Mark the day folks: it’s the end of an era in journalism, especially business journalism. One of the great temples of journalism, Dow Jones and the Wall Street Journal, will change hands and now be owned by right-wing media baron Rupert Murdoch. As I’ve said before, this will have cataclysmic effects throughout journalism. There will [...]
Wall Street Journal Sale: It's Happening
As predicted below (damn I’m good ), the Bancroft family is getting close to selling the Journal to Rupert Murdoch. There’s plenty of coverage around the net, and especially in the Journal itself, but here’s a free New York Times link. It’s playing out just as predicted: the Bancrofts are getting their “independent” editorial oversight [...]
Murdoch will get the Wall Street Journal
This blog will concern itself mostly with the tactics and strategies of working with journalists, but sometimes, it’s going to be important to comment on upheavals in the media business. This is one of those situations. I’ve been watching Rupert Murdoch for decades, and I continue to marvel at his ability to take his business [...]