31 July 2007

Rupert Murdoch adds Wall Street Journal to media stable

Critics of the buyout have said Rupert Murdoch would destroy The Wall Street Journal if a News Corp takeover were successful.

The Wall Street Journal and Dow Jones are already a successful, profitable organization, with an editorial page known for its conservative slant.

Predictions of demise of The Wall Street Journal under Murdoch's ownership are as premature as the obituary of Mark Twain that published prior to that author's death a century or so ago.

2 comments:

Kathy Sindorf said...

It's time for a new blog entry! Kathy

Alan D Blanchard said...

Yeah, I think so, too :)