Support our non-partisan non-profit newsroom 💜 Donate now
My Two Cents

Murdoch’s Wall Street Journal

Chris Farrell Aug 1, 2007

Several people over the past couple of weeks have asked me what i thought about the Murdoch takeover of the Wall Street Journal. I don’t have a whole lot to add that hasn’t been laid out in stories and commentaries in the New York Times, Business Week, and the Wall Street Journal. Basically, I’m not concerned short-term. I don’t think Murdoch spent $5 billion to ruin the reputation of the now crown jewel in his media empire. No, what worries me is when the septugenarian passes away. I don’t see a management structure and dynamic sucession behind him. That’s when I worry about the future of the nation’s premier newspaper.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.