Although you’re not about to see a Sky News Business Channel anytime soon, viewers in the U.S. will be getting an FNC-flavored biz channel eventually. And the LA Times carries the shocking prediction that Rupert Murdoch will buy venerable but redesigned biz paper, The Wall Street Journal, to help make this dream come true:
Murdoch lands the Journal. News Corp. adds to its stable of newspapers by buying Dow Jones & Co., owner of the Wall Street Journal, to bolster Rupert Murdoch’s nascent business news cable channel, a companion to his Fox News juggernaut.
Some investors are furious that Murdoch would spend $5 billion on an old-line media acquisition when a purchase of CNet Networks Inc. could fill a similar need for a fraction of the price.
They also predict Sir Howard Stringer‘s departure from Sony. Now there’s a great candidate for chairman of the BBC…