Categories: OLD Media Moves

Biz journalists have become advocates in Dow Jones/Murdoch story

Dan Gainor of The Business & Media Institute writes Wednesday about how journalists have stopped being impartial observers and have become part of the story that is News Corp. CEO Rupert Murdoch‘s attempt to purchase Dow Jones & Co., the parent of The Wall Street Journal.

Gainor wrote, “It’s easy to find reporters and editors opposed to Murdoch. They’re all over the news – NPR, the Columbia Journalism Review, The New York Times, The Washington Post, CNN and in the very paper he is trying to buy.

“The Wall Street Journal’s own staffers are lobbying the Bancroft family, which owns a majority voting share in the company, urging them not to sell. The journalists’ union has been recruiting left-wing alternative bidders. And because that news has been reported by their brothers and sisters in the mainstream media, almost no one has taken them to task for such an open display of political bias.

“That’s the story behind Murdoch’s bid for the Journal – bias. Journalists have long claimed they are neutral parties without any political ax to grind. They can’t claim that any more – ever.

“The hysterical assault on one of the most successful men in the news business unveils some ugly truths about journalism. The industry is less of a business and more of a culture club. You get to join if, and only if, you say the right things and know the right people.”

Read more here

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

Recent Posts

Dynamo hires former Business Insider executive editor Harrington

Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…

1 day ago

Bloomberg TV hires Kerubo as desk producer

Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…

1 day ago

Jittery CNBC staff reassured by new boss

In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…

1 day ago

Making business news accessible to a wider audience

Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…

2 days ago

Rest of World hires Lo as China reporter

Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…

2 days ago

Bloomberg rises to No. 7 biz news website

Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…

2 days ago