Monday, August 06, 2007
WSJ & Murdoch
I was out on vacation, and was sickened to find out that Murdoch acquired WSJ. I've subscribed to WSJ for most of the past 4 years...but probably won't be renewing. The only way it could be worse is if the Moonies owned WSJ like they own Washington Times.
I'll adopt a wait-and-see attitude to how it changes...he said he won't buy something just to ruin it, but given his track record of getting his start with tabloid journalism and using his properties such as New York Post and Fox News as his personal mouthpiece, I don't hold out much hope. And by "ruin it" - that's highly subjective - he could make it just another tabloid rag and make money. Depending on your perspective, that's not "ruining" it at all, though I suspect for current subscribers, that would ruin it.
Sure, the WSJ is a conservative newspaper - the op-ed often laughably so. Some of the op-eds are like reading the funny papers. But even the op-eds are not as shiny object-oriented and cartoonish as something like Fox News.
I fully expect front page stories on the likes of Paris Hilton, to be honest. :(