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CurtisLow
08-01-2007, 09:40 PM
Since Rupert Murdoch's bid to buy Dow Jones was made public, volumes have been written on what this deal might mean to journalism in America. But this deal is much more than a business transaction. It highlights deeply entrenched structural policy issues that are threatening the health of our democracy. With so much attention focused on the question of what will happen, less and less has been written about what it all means.

Please sign the below petition that urges the FCC to reject Rupert Murdoch's bid to takeover Dow Jones and the Wall Street Journal.



http://action.freepress.net/campaign/murdoch/8we683u2obxjbx5?



Murdoch - Bad for Journalism, Bad for Democracy
The news that the Bancroft family has agreed to News Corp.'s $5 billion dollar buyout offer for Dow Jones is a powerful reminder of how media consolidation is constantly eroding the foundational structures of our democracy.
Josh Silver, Huffington Post

http://www.freepress.net/news/25055



Murdoch's Deal for the Journal - Yet Another Blow for Journalism
The News Corp. takeover of Dow Jones is bad news for anyone who cares about quality journalism and a healthy democracy. Giving any single company -- let alone one controlled by Rupert Murdoch -- this much media power is unconscionable.
Free Press

http://www.freepress.net/news/25052



Murdoch Wins His Bid for Dow Jones
A century of Bancroft-family ownership at Dow Jones is over. Rupert Murdoch's News Corp. sealed a $5 billion agreement to purchase the publisher of the "Wall Street Journal" after three months public debate about journalistic values.
Sarah Ellison and Matthew Karnitschnig, Wall Street Journal
Bancroft Family to Support Murdoch Bid for Dow Jones
Enough family owners of Dow Jones have agreed to support Rupert Murdoch's $5 billion bid for their company, which would likely give the global media mogul ownership of the Wall Street Journal -- a prize he has long coveted.
Frank Ahrens, Washington Post

http://www.freepress.net/news/25052



Dow Jones Deal Gives Murdoch a Coveted Prize
Combined with the planned beginning of the Fox Business News channel in October, the purchase of Dow Jones makes Rupert Murdoch the most formidable figure in business news coverage in this country, perhaps worldwide.
Richard Perez-Pena and Andrew Ross Sorkin, New York Times

http://www.freepress.net/news/25073



Murdoch's Past May Offer Clues to the Future of the Journal
At its most ambitious, Rupert Murdoch's vision for Dow Jones would establish the Wall Street Journal as the rival to the New York Times in setting the daily news agenda of the country.
Richard Siklos, New York Times

http://www.freepress.net/news/25072





Murdoch Wanted Dow Jones More
Rupert Murdoch's love of American print is driven by an attraction for the kind of power print conveys, and only made possible through his success on other platforms. He simply wanted it more than others.
David Carr, New York Times

http://www.freepress.net/news/25064

SeanEdwards
08-01-2007, 11:18 PM
Seems to me this creates a great business opportunity for any news agency that is not owned by Murdoch.

Syren123
08-01-2007, 11:34 PM
Just the latest acquisition in the expansion of the FOX NEWS PROPAGANDA BEHEMOTH. Personally...don't care. The WSJ editorial staff is already a bunch of elitist snots with their heads up their asses. Murdoch's replacements won't be any better, just different.

It IS a good time for someone else to start covering financial news...someone other than Bloomberg.

Syren123
08-01-2007, 11:35 PM
At its most ambitious, Rupert Murdoch's vision for Dow Jones would establish the Wall Street Journal as the rival to the New York Times in setting the daily news agenda of the country.

I cannot imagine a worse nightmare.

CurtisLow
08-02-2007, 12:27 AM
"Murdoch's replacements won't be any better, just different."

I guess when he dies his wife which is full Chinese, will run his empire.
What Joy! Not!

freelance
08-02-2007, 06:48 AM
This sale just sticks a fork in it--national press, that is.

BuddyRey
08-02-2007, 06:53 AM
To play Devil's Advocate for just a moment, it's not as if the Wall Street Journal was really all that independent/non-corporate before. But I do agree, this media consolidation has to stop. Murdoch owns EVERYTHING now! These are trying times for people who enjoy reading newspapers and value a free press. I'd completely lose my mind without the Idaho Observer!

www.idaho-observer.com

Edit: By the way, does anyone know anything about the equipment necessary to start up a newspaper? I think it's time for some "citizen journalists" to take the initiative!

Brandybuck
08-02-2007, 08:34 PM
Instead of giving the FCC more power to trample on the free market, why not roll back government? Isn't that what Ron Paul is campaigning for? Smaller government? The answer isn't more government, it's less!

Maybe if political power and privilege weren't being sold to the highest bidder we wouldn't see so many huge media congolomerates.