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OLD Media Moves
Lord Voldemort's offer for Hogwarts
July 24, 2007
Posted by Chris Roush
Washington Post columnist Eugene Robinson writes Tuesday that News Corp. CEO Rupert Murdoch is being treated like an evil underworld lord in his quest to purchase The Wall Street Journal because he’s a different type of newspaper owner than the Bancrofts.
“Whatever else Rupert Murdoch is, he’s not stupid. His tabloids may titillate, but the Times is still a great newspaper. He’s an innovator, even if some people don’t care for some of his innovations. And in Britain, he has just spent more than $1 billion on — get this — new printing presses.
“I don’t see any realistic choice for the Bancrofts but to take the leap.”
Read more here.
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