Peter Cohan writes on BloggingStocks.com that he’s likely to cancel his Wall Street Journal subscription because of the changes being made at the paper.
“Murdoch is now trying to take market share from the Times, which reports that Brauchli had been frustrated with some changes and seemed not to have the control over the newspaper that he was promised. It looks to me like Murdoch is trying to turn the Journal into the print version of Fox News. So when renewal time comes up next year, there’s a good chance I’ll be among those who cancel my subscription.
“And if the Times is smart, it will hire the best of the disaffected Journal editors and reporters to take up the slack in business coverage that Murdoch is leaving — perhaps starting with Brauchli.”
Read more here.
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