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"He tries to pick like-minded editors, editors who share, broadly share his world view of things,"
"He is an, I wouldn't say interfering, I would say he's an interventionist proprietor when he wants to be, but I guess, you know, if you own the title, then I guess you're allowed to intervene."
The Company is currently the target of a bid by News Corporation. It was reported on 1st August 2007 that the bid has been successful after an extended period of uncertainty about shareholder agreement. The deal is worth US$5 billion or $60 a share, giving NewsCorp control of the Wall Street Journal and ending the Bancroft family's 105 years of ownership
"On April 30, Dow Jones stock closed at $36.33. On May 1, the company confirmed that Murdoch had bid $60 per share, or about $5 billion. That represented a huge 65.15 percent premium—and a price the stock hadn't seen since April 2002."
"a company not synonymous with right-wing bias, shoddy journalism, and a meddling boss—could have taken Dow Jones for a 25 percent premium to the $36.33 per share price—$45.41 per share, or about $3.78 billion."
People close to News Corp. emphasized the digital-business opportunities of Dow Jones. Mr. Murdoch has been particularly vocal in the past couple of years about the newspaper industry’s need to adjust to the Internet.
In the book, Winston is a clerk for the Ministry of Truth, where his job is to rewrite historical documents so that they match the current party line, which changes on a daily basis.
Originally posted by Sri Oracle
Rupert Murdoch deems what can and cannot be said on Myspace just like the 3 Amigos deem what can be discussed at ATS.
Rupert Murdoch deems what can and cannot be said on Fox News just like the 3 Amigos deem what can be discussed at ATS
Originally posted by CX
Never do you see ATS staff censoring good reporting from members, no matter what side of the story may be being put across.
Murdoch on the other hand.........
Just thought i'd point that one out.