LVHRD

Thank You Dewars

Death throes of print journalism: Murdoch will have WSJ

2007.Jul.17. Tuesday - by lvhrd

By now you probably know that News Corp has reached a tentative agreement with Dow Jones to buy the Wall Street Journal. The $5 billion deal goes before the full Dow Jones board tonight.

No need for a countdown, this deal is as good as done. And why not? Gawker says this is the beginning of the end. It’s no such thing. The end of print journalism, of assertive, questioning, thoughtful publications, started to end in this country long ago. This buy is another inevitable nail in the coffin.

Do you really read the Wall Street Journal? We understand it's the implication, but aren't we beyond the WSJ? Let Murdoch have it. Let him take it with him to his grave, because that's where they're both headed along with TV news, nightly news etc. This sale is not the beginning of an end, it's a distant rumble made by a falling giant.

We've been making our own news for some time, and we're going to keep making the world in our image long after all the print and TV media is owned by one corporation.


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