OLD Media Moves

So far, so good with Murdoch and WSJ

April 3, 2008

David Carr of the New York Times is taking questions online this week, and one reader asked him about his earlier prediction that Rupert Murdoch would destroy The Wall Street Journal.

Rupert MurdochSo far, Carr wrote, he hasn’t seen any problems.

Carr wrote, “The folks I know at the Journal are jumpy, but fundamentally happy. And none of them have given any indication that Mr. Murdoch is reading into the news process in untoward ways. Jack Shafer, a ferocious critic of the purchase, said as much recently, but suggested that in an effort to broaden the paper’s portfolio, the editors and writers may be neglecting the Journal’s historical sweet spot.

“But I am not one to underestimate the people who work there — most of us here are readers and admirers of the paper no matter who owns it — and I would be the last one to suggest that the paper has been damaged in some way. It was and is a great paper.”

Read more here.

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