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Murdoch considers buying L.A. Times, renaming Wall Street Journal | Poynter.
Murdoch considers buying L.A. Times, renaming Wall Street Journal | Poynter.Murdoch told The New York Times’ Amy Chozick that newspaper employees “shouldn’t feel like they’ve got a crutch.”
Michael Calderone dug into that last point: In the past, employees of Murdoch’s newspapers benefited from being part of a company with far more valuable assets. Now, as one Journal staffer told him, “Instead of being part of this big diverse, cash-rich aircraft carrier of a company, we’re going to be part of a car ferry.”
Tuesday, October 16, 2012
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