Murdoch and the Media

The Wall Street Journal chronicles Rupert Murdoch's history of media involvement.

Like Eric Alterman, I'll give the Journal a nod for being at the head of the pack in reporting on the possible sale.

Correction

In my post "Tipping Point," I said:

. . . NYT goes on to cite an anonymous source that Dow Jones is determined to maintain "the editorial independence and integrity of The Wall Street Journal."

I misattributed that quote. The line came directly from the opening paragraph of a statement issued by the Bancroft Family on June 1.

Tipping Point

The New York Times reports today that Dow Jones may be for sale after all, though not to the first but the highest bidder. At the same time, NYT goes on to cite an anonymous source that Dow Jones is determined to maintain "the editorial independence and integrity of The Wall Street Journal."*

Can the Journal, Dow Jones & Company's most valuable asset, emerge independent after a bidding war? I'll wait to see. In the meantime, observe that at least the anonymous source didn't say "editorial integrity."

*Correction