moguls
For the most part,
Rupert Murdoch courts controversy. "He likes to set the house on fire and watch all the fire engines drive maniacally down the road,"
Michael Wolff writes in a biography of the
News Corporation chairman. But he's touchy about his third wife,
Wendi Deng, nearly 40 years his junior. He was
upset when the
Wall Street Journal decided to profile her in 2000. And he is
suspected to be behind the spiking of a
Fortune contributor's Deng profile for an Australian newspaper chain he partly owned at the time, and the subsequent
sanitization of Deng's Wikipedia entry. So Murdoch can't be tickled that Wolff says Deng has him by the short wires, according to
the Times' new review of Wolff's Murdoch bio:
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STRANGE BEDFELLOWS
Pat Buchanan is
defending Hillary Clinton, the
Guardian is
scooping on U.S. political news, and now this, perhaps the ultimate WTF moment in media this week: Lefty, anti-corporate folksinger
Ani DiFranco performed two songs for
Wall Street Journal editorial staff today, right before deadline, we hear. "Weird time to be a biz reporter," one staffer at the conservative business newspaper
Twittered. The setlist?
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dead trees
Amid all the
hair-pulling over
magazine and newspaper
layoffs,
Rupert Murdoch's speech broadcast in Australia Sunday sounds bracing: "Too many journalists — ...misguided cynics who are too busy writing their own obituary to be excited by the opportunity... — seem to take a perverse pleasure in ruminating on their pending demise,"
he said. "I believe that newspapers will reach new heights." But the News Corporation chairman's faith in the power of quality journalism and newspaper websites sounds an awful lot like McClatchy chief Gary Pruitt's iconoclastic (and now-ironic) defense of the industry back in 2006,
in the Wall Street Journal:
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journalismism
Bitter personal rivalries usually aren't forgotten in journalism, much less laid aside in the interest of craft. (Just you wait till we all answer to Julia Allison). So it's pretty big indeed of Sir
Harold Evans, author of the five-volume newspaper aesthetics bible
Editing and Design, to dispense kind words about his archnemesis
Rupert Murdoch. The sage old husband of Tina Brown
tells The Independent, "The
Wall Street Journal has, in the last two or three months since Murdoch took it over, been dramatically improved. They've got rid of the Cheltenham mountainous face, that is still in The [New York] Times...They've made the mistake of still continuing the upper capitalisation but the whole Journal is well-designed – a major improvement in my opinion." What oceans of hostility lie beneath this happy talk of typeface.
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newspapers
The
Wall Street Journal's new managing editor Robert Thomson took another step toward remaking the paper in the image of his former employer the
Financial Times, hiking the cover price 50 cents to match the
FT at $2 per copy. But another directive,
reported by Jeff Bercovici at Portfolio, seems to have been borrowed from the
Journal's News Corp. sister, the
Post:
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newspapers
From the
New York Observer's accounting of the "diaspora" from the Murdoch-owned
Wall Street Journal, one would think the business newspaper was melting down under its new régime. The
Observer's Koblin lists
24 departures and the exodus tallies with the word reaching anyone with friends at the paper: morale is so low that anonymous leaking provides one of the few sources of entertainment for the more sullen veterans. But Murdoch lieutenant
Robert Thomson can take his time on newsroom surgery at the
Journal; the patient isn't going anywhere. Let's put aside the fact that most of the departed reporters and editors have been pushed out, or left under the old guard,
as an exasperated commenter notes. But, more importantly, even if the
Journal's talents were inclined to leave, there's nowhere in today's faltering business media for them to go.
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