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Murdoch fascination
Shy retiree Rupert Murdoch has been making his presence felt in New York at the Wall Street Journal, and with a bid for Newsday.Jack Shafer will take him on tomorrow but today remarks of an anecdote from the Newsweek profile: It’s a great image, one that expands Murdoch’s distended legend all the way to bloated:…
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The mysterious Wall Street Journal
As the Wall Street Journal staffs up to broaden its appeal, bemusement here over the WSJ plan. The focus on America seems odd. Is the U.S. crying out for a national newspaper? Won’t widening the WSJ offering necessarily reduce the business focus? After all if you want to lose money with a conservative national daily…
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Great financial reporting
Now if there were more of this in the new News Corp. Wall Street Journal…Marc Andreessen has a great annotated version of a letter to investors in a collapsed hedge fund. It’s so good, I make no apology for running it in full: …the letter Sowood [the hedge fund] wrote to its investors is a…
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A little bit of money…
“What if, at the Journal, we spent $100 million a year hiring all the best business journalists in the world? Say 200 of them. And spent some money on establishing the brand but went global — a great, great newspaper with big, iconic names, outstanding writers, reporters, experts. And then you make it free, online…