July 31st, 2007
Murdoch/Fox are buying Wall Street Journal, Dow Jones, Barron’s …
There is something deeply & sickly apt about Murdoch’s lunge for the Dow Jones business media empire getting the OK as the markets totter on the verge of a system wide crisis. Look for the Dow Industrials to be down 400 points tomorrow …
And then think about a world where Citizen Murdoch runs The Wall Street Journal, the Dow Jones newswire, MarketWatch (online) and Barron’s.
ed says:
Days later, Murdoch speaks, and says he intends to revamp the Wall Street Journal by expanding to cover the full range of politics and society in order to “compete” with the NY Times.
As the Fox News Channel (created in the 90s to sell the Clean Break war) “competes” with CNN.
August 11th, 2007 at 10:15 am