- Your Profile
- In the News
- Box Office
- Development
- Production
- Job Market
- Calendar
|
 |
MURDOCH'S DEAL TO BUY WALL ST. JOURNAL IS VIRTUALLY DONE Wednesday, June 27 2007 
Rupert
Murdoch
has
apparently
cleared
the
final
major
hurdle
in
his
effort
to
buy
Dow
Jones,
the
company
that
publishes
The
Wall
Street
Journal,
from
its
owners,
the
Bancroft
family.
According
to
published
reports,
Murdoch
has
reached
a
deal
in
principle
with
the
board
of
directors
of
Dow
Jones
on
a
plan
aimed
at
preserving
the
newspaper's
editorial
independence.
Some
newspaper
accounts,
however,
said
that
certain
members
of
the
Bancroft
family
were
still
balking
at
(more)MURDOCH DEAL TO BUY WSJ MAY BE ANNOUNCED TODAY Tuesday, June 26 2007 The family that owns the Wall Street Journal and Rupert Murdoch are close to an agreement that would safeguard the editorial independence of the newspaper if Murdoch takes it over, according to an article appearing in the Journal today (Tuesday). Such an agreement, which could come as early as today, the paper said, would seemingly guarantee a sale of the Journal's parent, Dow Jones, to Murdoch's News Corp for $5 billion, although the Journal said (more) |
|
|
|||||||||||||||||||||||
In an interview with Time magazine appearing on its website, Rupert Murdoch has acknowledged that Fox News Channel may well represent a major reason why his plans to acquire the Wall Street Journal have incensed critics. But when asked whether Fox News is an expression of his own political views, he replied: "Yes! No! Yes and no. The commentators are not. Bill O'Reilly certainly not. Geraldo Rivera certainly not. But Brit Hume and his team on the nightly news? Yes. They play it absolutely straight!" On the other hand, he said, CNN is pretty consistently on the left, if you look at their choice of stories, what they play up. It's not what they say. It's what they highlight. ... And if you look at our general news, do we put on things which favor the right rather than the left? I don't know."
