Friday, August 3, 2007
Rupert Murdoch Buys The Wall Street Journal
Rupert Murdoch has bought the Wall Street Journal. I wonder what kind of difference that is going to make in the paper? He appeared to be on the verge of clinching a deal to buy Dow Jones & Co., reportedly lining up sufficient support to take over stewardship of The Wall Street Journal Publisher from the family that has controlled it for more than a century. And he finally got it. This could be quite a change, maybe.