New Republic
"No doubt, [
Rupert] Murdoch would bring change," writes
Roger Lowenstein. "But, thanks to the mass exodus of advertisers and readers to the Web, change, most often in the form of cost-cutting, has already hit the industry like a sledgehammer -- including at Dow Jones, which recently shrank the Journal's physical size. And it is extremely doubtful that, after spending $5 billion to acquire Dow Jones, Murdoch would take action to weaken the Journal's value, which derives from its position as the respected authority on U.S. business."
>
DJ staffers move to cash in on new, higher stock price (Portfolio)
