It’s hard to turn on stations like NRP, WSJ, CNN, or read respected blogs without picking up on some buzz lately without another take on Rupert Murdoch's purchase of the Wall Street Journal and Dow Jones - which finalized today.
Bigger questions have yet to be addressed in the Riupert Murdoch deal though… and I am one who waits for better news. How about you? Are you disturbed as I am ... by key parts being ignored in this hot one man d
eal?
Ok … we are told that Rupert Murdoch's media conglomerate News Corp. settled on an agreement to buy out the Wall Street Journal and Dow Jones from the Bancroft family.
These private owners let their media empire go for a $5.6 billion. A sizeable chunk of change by anybody’s books!
Let’s take a look at what they got for their investment though. The Wall Street Journal is still
Murdoch's $60-a-share bid is a 67% premium over Dow Jone's share price when it became public. Murdoch's News Corp. also owns the Times in
1. Why do people sporting dollars float to the top of media coverage controls?
2. What do
3. Where are women’s voices fit near the top of media influences here?
4. How much is medial linked to who gets ahead and who is trampled as a nation moves forward?
5. Are we hemmed in by Murdoch’s and Bancrofts' influences – without a wider mix of intelligences that can keep us in the global race?
6. Have we settled today for a tragically narrow communication focus?
Each time money and powerful influence lead us down yet another narrow American pathway - we dig larger sinkholes.
The world looks in to spotlight
Will we miss innovative ideas - and cutting edge practices for a new world order – the American potential that could take us onto the world stage of media progress?
Did we just lose that chance this country needs for a better future .. once again today?
What do you think?
» Rupert Murdoch & News Corp. Acquire Dow Jones & Wall Street Journal from MarketingBlurb
Last month, I published a post about Rupert Murdoch's bid to acquire Dow Jones. Today, after months of battles, Rupert Murdoch's News Corp. finally succeeded in acquiring Dow Jones from the Bancroft family. The question remains, is ... [Read More]
Tracked on: August 1, 2007 2:53 PM | Permalink to Trackback