Dow Jones Approves $5B Murdoch Deal

Related Newser Stories

• Facebook Just 'Flavor of the Month': Murdoch

  Jun 23, 08 3:11 PM CDT
  Rupert Murdoch today insulted the rival of his popular MySpace, calling Facebook the “flavor of the month” and a mere “directory”—on the occasion of his social networking sinking to the No. 2 spot in worldwide traffic. The media mogul said Facebook was not a real social network, and pointed to MySpace’s entertainment focus, the Sydney Morning Herald reports. More »

• Murdoch's Journal Wins Back a Fan

  Jun 15, 08 8:08 PM CDT
  Rupert Murdoch's attempt to make the Wall Street Journal the "first read" for elites, rather than playing second to the New York Times on non-financial stories, looked like a recipe for disaster to Jack Shafer. It was likely to result in me-too coverage crowding out the Journal's signature reporting, he wrote earlier. Now he says he's pleasantly surprised. Not by the new stuff, but by the continuing strength of what the paper has always done best: financial enterprise reporting.
  More »

• Murdoch Names Thomson New Journal Editor

  May 21, 08 4:00 AM CDT
  Rupert Murdoch has named Wall Street Journal publisher Robert J. Thomson as its top editor, reports the New York Times. Thomson, whom Murdoch made publisher just five months ago, was previously the top editor of Murdoch's Times of London. His appointment is expected to speed the pace of change at the paper, in the wake of the resignation of former managing editor Marcus Brauchli, who was forced out last month. More »

• Murdoch Drops Newsday Bid

  May 10, 08 1:44 PM CDT
  Rupert Murdoch has dropped his $580 million bid for Newsday. Cable operator Cablevision has offered $650 million for the Long Island daily, and Murdoch’s News Corp. said a higher bid would be “uneconomical.” The media tycoon’s dropout was unexpected, Reuters says, considering Murdoch recently told investors a deal was nearly done. A $580 million bid from Mortimer Zuckerman, owner of the rival Daily News, remains on the table. More »

• Journal Staff Uneasy as Murdoch Era Rolls On

  May 9, 08 10:59 AM CDT
  Tensions are running high in the Wall Street Journal’s newsroom, the New Republic reports, as staffers wonder just where this Murdoch thing is going. Managing editor Marcus Brauchli’s resignation still hangs heavy in the air. Murdoch pushed Brauchli to resign, and paid him millions to sign a non-disclosure agreement. “We're a business newspaper, so we know a sell-out when we see one,” one angry staffer said. More »