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The Wall Street Journal should read its own history
An owner “most properly, considers his newspaper as a plain business proposition.” WSJ, 1925Anyone considering the absurd talk of editorial strictures being put around the Wall Street Journal prior to its possible purchase by Rupert Murdoch might want to look into the Journal’s own archives. Back in January 1925 it published an op-ed titled, “A…
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Alan Johnston: Bret Stephens vs the BBC
Fran Unsworth, head of newsgathering at the BBC, takes issue with Bret Stephens. She calls his piece on Alan Johnston for the Wall Street Journal “scurrilous.” I disagree. I think snide is a better word. And it’s shorter. First, let me put the piece in context. Stephens is an anglophobe and his attack on the…
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The unintended influence of Rupert Murdoch
The influence of Rupert Murdoch is a subject of much discussion online. Personally, I’m in agreement with Felix Salmon of Market Movers, who wrote: [W]here editorial independence is valuable, Murdoch values it. Where it isn’t, he doesn’t. So even if he’s interfered in editorial decisions in China in the past, that doesn’t mean he’ll do…
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Paid content: the Dow Jones bid
The value of financial journalism and high-quality journalism is that you can charge for it. Rupert MurdochHere’s the best take on the Dow Jones bid, written back in January 2007 by David Warsh: It is the ticker and its history that is the secret of why the On-line WSJ makes so much money on the…