Keith Kelly of The New York Post reports Friday that a book proposal about News Corp. CEO Rupert Murdoch‘s acquisition of Dow Jones & Co., the parent of The Wall Street Journal from columnist Joe Nocera and business editor Larry Ingrassia of The New York Times appears to be in trouble.
“When Nocera was reached yesterday and asked if he was working on a book deal with Ingrassia, he replied, ‘Not anymore.’
“And when asked what led Nocera to end his participation in the project, he said, ‘None of your business.’
“However, sources said the deal wasn’t generating enough of an advance to make it worth the duo’s while to split it two ways. And it may not even be worth it for one author.”
Read more here.
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With so much media focus on the deal for so long-under laser sharp scrutiny, I think there was little suspense/drama left untold about the SAGA.
That might be the reason why the deal is going off-track or getting cold shoulders.