Dow Jones Agrees to Be Bought by Murdoch

Discussion in 'Wall St. News' started by dtrader98, Aug 1, 2007.

  1. man

    man

    horrible move by horrible government, puttting even
    more power into the owners of fox news. very bad news.
     
  2. Murdoch's quest to buy credibility will fail, IMHO.
     
  3. "look at the very people who are involved in this — they have popped up in other settings. This is — the great story here for anybody willing to find it and write about it and explain it is this vast right-wing conspiracy..."


    -Hillary Clinton
     
  4. ER9

    ER9

    i have to wonder though the true future value of any physically printed newspaper....even one such as the wall street journal. with the progress to internet based media and a general feeling of uncertainty on how future media outlets will evolve...i could imagine companies such as dow jones forseeing a potential huge financial and uncertain burden in the future.

    considering 5,10,20 years from now the media market could undergo radical changes, could possibly fragment and hurt giant newspapers i would think if one ever entertained thoughts of selling the time is ripe, right now.