John Koblin of The New York Observer writes Monday that News Corp. CEO Rupert Murdoch would like to move The Wall Street Journal‘s offices from lower Manhattan near the New York Stock Exchange to midtown at News Corp.’s headquarters.
Koblin wrote, “One senior newsroom source with knowledge of the situation said that the move was ‘very likely’ and it’s something that Mr. Murdoch has been ‘strongly considering’ for some time. Another source confirmed it should happen by the end of the year.
“Editors and reporters at the paper have been discussing the possible move for some weeks now, but word hasn’t gotten out. The source said that under the plan the editorial department would move into the News Corp building, while some business offices and other parts of Dow Jones would remain at the World Financial Center. One hang-up, said another newsroom source, was how News Corp. would reallocate space since News Corp. headquarters at 1211 Avenue of the Americas are already filled to capacity.
“The Journal, which has been located at the World Financial Center since 1983, has had its main newsroom in Lower Manhattan since the paper was first published in 1889.”
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