h/t MLN for vid MediaMatters: "Rupert Murdoch's purchase of Dow Jones and The Wall Street Journal represents a sad day for American journalism.
August 1, 2007

h/t MLN for vid

MediaMatters: "Rupert Murdoch's purchase of Dow Jones and The Wall Street Journal represents a sad day for American journalism. For decades, the Journal's news pages have often symbolized the rewards of serious reporting -- with this purchase, I'm afraid those days may be over.

"Murdoch has a long and sordid history of discarding the accepted norms of honest journalism in order to advance his own political and corporate agenda.

"Of particular concern is Murdoch's plan to use the Journal to help launch the Fox Business Network, which will be overseen by Fox News boss and former Republican strategist Roger Ailes."

And more: It's Roger Ailes and Neil Cavuto the WSJ should fear

UPDATE: Dem FCC Commissioner Wants FCC To Review NewsCorp/Dow Jones purchase.

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