Categories: OLD Media Moves

Murdoch begins changing WSJ

Slate media critic Jack Shafer notes that subtle changes have already begun to appear in The Wall Street Journal under new owner Rupert Murdoch in his bid to compete against the New York Times.

An example, he noted, is its coverage of the Pakistan political crisis, which was also covered thoroughly in the Times.

Shafer wrote, “Findings collected in one week—especially a holiday week when business news ebbs and reporters take extra time off—don’t necessarily make a trend. But I think that Compaine is onto something here. Chasing the ‘top story’ creates the illusion that the Journal is dueling with the Times, which has more resources.

“The peril of publishing from inside a Potemkin village is that once readers figure out the dodge—editors overselling stories—the newspaper’s reputation suffers. Barney Kilgore, the architect of the modern Wall Street Journal, understood that he couldn’t afford to compete with the Times, and that his paper would always be a second read for most subscribers.

“‘So instead of chasing the ‘duty story’ about yesterday’s assassination, earthquake, or coup, he picked his shots carefully, giving readers something they couldn’t get elsewhere. Keeping its primary focus on business, the Journal broke nonbusiness stories that nobody else had; captured the essence of an evolving story better than the competition (including the newsweeklies); and perfected the ‘A-Hed,’ the offbeat story that had no reason to be on Page One other than that it was fascinating. (Didn’t you just love Michael M. Phillips’ A-Hed this week about Dennis Kucinich’s close encounter?)”

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.

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