Murdoch Clinches Deal For Wall Street Journal

[DudeAsInCool]

This is hardly a surprise, but I fail to see how how big corporations swallowing up aids journalism or the public:

"Media baron Rupert Murdoch Tuesday clinched a $5 billion deal to take over the publisher of The Wall Street Journal, achieving his long-treasured goal of adding the esteemed business newspaper to his global stable of properties.

Murdoch's News Corp. has won the support of 32 percent of the Dow Jones voting shares controlled by the Bancroft family, enough to ensure a comfortable margin of victory, The Wall Street Journal reported in its online edition."

Read more at MSNBC

[vernarial]

And the Wall Street Journal was actually a good info source.

[method77]

it won't be anymore