Following up on excellent commentary by Steve Coll in last week's New Yorker on Rupert Murdoch's purchase of the Wall Street Journal, the Los Angeles Times checks in today with the latest move in journalism's biggest chess game:
"If the Gray Lady didn't have enough problems battling industrywide woes, now she has Rupert Murdoch to worry about. The media billionaire has made no secret of his desire to take aim at the New York Times once his News Corp. acquires Dow Jones & Co. and its flagship Wall Street Journal in a $5-billion deal expected to close this fall, reports the Los Angeles Times.” more
