Wednesday, August 1, 2007

NY times is running scared

In case you didn't notice, Rupert Murdoch succeeded in purchasing the WSJ this week. As an avid reader of the WSJ, I'm not too concerned that Murdoch will devalue the journalism of the WSJ because of the statements he's made regarding "stewardship of an amazing brand name." But I do think he will pump capital into the WSJ and compete with the NY Times at a level they've never encountered. They know this, and are frightened.

I think he will ultimately be successful in taking down the Times as the premiere source of news in the US, largely because the Times refuses to change their business model. But I'm no fan of the Times, so maybe I'm just wishing all of this. Regardless, you have to wonder about the integrity of a newspaper which runs stories like this on their front page. Since when was President Hilary Clinton a sure thing? All the news thats fit to print? I'm sorry, it's not news, and it certainly isn't fit to print on the front page....

1 comment:

Ryan said...

The NY times isn't derived from corn, but rather...oh wait. It often is. This is far from a fitting comment, but did you notice how flattering that painting was of Hillary. No hanging chin, roman nose, the works. I want that painter.

Anyway, you have to admit, despite lacking any actual content it was well written tripe. :)