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It’s Now Very Clear Why Murdoch Wants Dow Jones So Much, Why The New York Times Launched Its Hatchet Job To Persuade The Bancrofts To Torpedo The Deal, And Why All The Nonsense About News Corp. Decimating the WSJ Is Just A Red Herring
Philip Stone June 29, 2007
As it looks more and more likely that Rupert Murdoch will succeed in his quest for Dow Jones two points are becoming abundantly clear – it’s utter nonsense that Murdoch wants to decimate the Wall Street Journal’s journalism – indeed, the opposite is true, and one of his prime targets is to have the Journal eventually surpass the New York Times as America’s premier newspaper.
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