OliverWillis.com | Forum | News | Research | Celebrity Pictures | Liberal T-Shirts
Con-Solidation
Rupert Murdoch, who pledged his loyalty to George W. Bush, makes a move to consolidate the conservative press:
Shares of Dow Jones & Co., publisher of The Wall Street Journal, soared almost 60 percent on Tuesday after the financial news network CNBC reported that Rupert Murdoch’s media company News Corp. offered to buy the company for $60 a share.
3 Comments
Leave a comment
About this Entry
This page contains a single entry by Oliver Willis published on May 1, 2007 11:42 AM.
Halle Berry For Barack Obama was the previous entry in this blog.
Lowering The Bar For Fred Thompson is the next entry in this blog.
Find recent content on the main index or look in the archives to find all content.
Disclaimer
The views on this site are mine and mine alone, they do not reflect the views of my employer, Media Matters for America
This concerns the be-zzesus out of me. Granted the Wall Street Journal is not exactly progressive, but some of the columns and editorials are well written and thoughtful, even if I don't agree with them. I'd shudder to think they would replace some of those folks with the likes of Bill-O and his ilk, who make up lies. WSJ at least investigates a bit and calls the carpet on some CEOs and companies. Murdoch would never do that unless the CEO was a known Dem donor.
I hope the DJ family stays strong on this. It's one thing for Gigot to have a show on FN, but another for a complete takeover of a decent business-oriented newspaper. It would taint it forever.
hey didn't you read the downstream threads:
It doesn't matter what the politics of reporters are....they have "ethics"
I'm personally thrilled that the Bancroft family has completely refused Murdoch's offer. The Cons need at least one paper that has some credibility, and everything Murdoch creates or touches becomes an over-sensationalized, baseless, circus. Long live the WSJ. (In the form its in.)
As a side note, did anyone notice who the representatives of the Journal said they would rather sell the paper to? (via MSNBC) Warren Buffet or Bill Gates.