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My Take

Home > My Take
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Gregory Favre
Your take on the news and how it's made. What's your take?
Murdoch Moves Recalled:
Will Dow Jones Fare Better?
I know the feeling.

What feeling, you ask?

That sickening ache in your belly when you hear the news: Rupert Murdoch has bought your newspaper.

Been there, felt that, choked down the sadness and, as dozens of others did at that time, moved on to a new job.

It all happened about 23 years ago when the Field brothers, Marshall and Ted, sold the Chicago Sun-Times to Murdoch. This marked the first step in the decline of what was an excellent newspaper, even though many wonderful journalists stayed on and a number are still there. (A sidebar: Later in its history, the Sun-Times was owned by Conrad Black. Murdoch and Black -- now that's an exacta with 1,000 to one odds on the journalism values tote board).

I am sure many in the newsrooms at The Wall Street Journal and Barrons and the Ottaway papers are feeling the same pain that so many of us felt back then. Chicago was an incredible place to practice journalism. It was as competitive, if not more so, than any market in the country. A truly great news town. And the Sun-Times, a serious tabloid, was crawling closer and closer to the the Chicago Tribune in circulation. But it hasn't been like that since.

I remember the first visit Murdoch made to the Sun-Times newsroom after the announcement. A few of us met with him for a little Q and A. I asked: How are we going to attract the high-end advertisers, as we have started doing, if you go low-end with the paper? He answered that was not a concern, that when the circulation figures rose, the cash register would ring. I thought then, he doesn't understand Chicago readers.

Then later I met with him at his office in the New York Post. I was managing editor of the Sun-Times, and he wanted to talk with me about staying on as executive editor. It was a long meeting, but we exchanged very few words. He spent most of the time on the phone with one of his investment people, buying stock in some company he had targeted.

No thanks, was my reply to the offer. I agreed to stay for three weeks to help in the transition. But to be honest, I spent most of the time helping people to find other jobs. Then one Saturday when I was in my office and Murdoch and his new publisher, Robert Page, were in the office next door, my phone rang and it was Page. "We think it best if you left now. You can come back tomorrow morning and pick up your personal stuff," he told me. I must say, I really couldn't blame them.

And as it turns out, I ended up with the best owner I ever worked for: C.K. McClatchy in Sacramento. Maybe I owe Murdoch thanks.

So what happens now? How many Journal staffers will leave? My former Sun-Times colleague Alan Mutter wrote in his blog, Newsosaur, that 60 of us left the Sun-Times. I thought it was 70 or more. I do know that everyone who chose to leave got a job at another newspaper. Several, including the biggest catch of all, Mike Royko, walked across the street to the previously hated Tribune.

Mutter, my Poynter colleague Rick Edmonds and others predict that Murdoch will behave himself and won't wreak havoc at the Journal, suggesting that he can't afford to trash it and that we can expect more investment and more innovation.

I hope they are right. The Journal -- with the exception of the editorial pages -- ranks with the best newspapers anywhere. It would be a sin if it didn't maintain that excellence.

The Bancroft family obviously struggled internally before enough of them decided to sell. I don't know how much the Field brothers struggled when they sold the Sun-Times to Murdoch. Not much, I suspect. But I do know that Ted took his money and stayed in Hollywood to produce movies, which he still does.

His first hit after the sale was "Revenge of the Nerds."

Not even Murdoch could have written a better headline than that one.

Let's pray the journalists win this time.


Posted by Gregory Favre 11:57 AM Aug 1, 2007
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