A discussion about Rupert Murdoch's bid for the Wall Street Journal

with Andrew Ross Sorkin and Ken Auletta
in Current Affairs, Business
on Tuesday, July 31, 2007 * * * * *

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A discussion about Rupert Murdoch's bid for the Wall Street Journal with Andrew Sorkin of The New York Times and Ken Auletta of The New Yorker.

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Keywords:
wsj
Wall Street Journal
Bancroft
Fox
murdoch
Dow Jones Inc.

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    1. Bruce Fireman  08/02/2007 09:51 AM Report

      A fascinating, well-informed and intelligent discussion.

      The reason why the performance of News shares over the last 20 years has not been much better than that of the S&P, as Andrew Ross Sorkin pointed out, is that the market really does understand Rupert Murdoch. The market knows he's a media man and a businessman and knows that he doesn't know which comes first. Sometimes it's one and sometimes it's the other. Fortunately, media properties at least move in line with the markets!

    2. Susan Wolfson  08/02/2007 09:44 AM Report

      Isn't it fascinating that this acquisition and other notable consolidations (such as the Wellpoint deal of a couple years ago) raise nary an eyebrow at the FTC but mucho dinero gets spent investigating Whole Foods & its CEO to prevent their acquisition of Wild Oats? I think our whole country has become a gigantic dysfunctional family.