Wednesday, August 01, 2007

Shafer/Slate on Rupert's big deal

Having bagged his trophy, how long will it take Rupert Murdoch to bugger it? - By Jack Shafer - Slate Magazine: "I've predicted that Murdoch will be a bad Wall Street Journal owner because of his instinct to foul every journalism nest in which he roosts. I need to reiterate my view that Murdoch fouls his nests not because he's a bad news man but because he's no sort of a news man. He's an impresario, a politician, and empire builder who pushes the truth only when it serves his business interests.

Today's Wall Street Journal moves financial markets with its news accounts because readers believe—rightly—that the paper serves no master but the reader. Even the slightest tinkering by Murdoch will shatter the trust relationship the paper has with its readers, who are a thousand times more discerning and a thousand times less forgiving than the tabloid readers and viewers Murdoch has made his money on. Will readers be able to trust the Murdoch Journal's coverage of television? Of cable? Of publishing? Of China? Of the Internet? Of any place Murdoch holds a business interest?"


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