Media news

Changing world: Murdoch’s News Corp. bids $5B on Dow Jones

Imagine this: The Wall Street Journal and the New York Post could soon be controlled by Rupert Murdoch.

Page Six of WSJ...?

If Rupert Murdoch and News Corp. purchase Dow Jones, the Wall Street Journal may get a bit racier. Here’s what it may look like (above)

According to a CNN Money article, News Corp. bid $5 billion today on Dow Jones, which isn’t up for sale.

Just think about the possibilities, though. Regular Page Six-style stories on the happenings of the hoity-toity. The possibilities are endless, as you can see in the picture. (Note: I haven’t yet installed Photoshop on my computer, so the image is really bad.)

Dow Jones – not surprisingly – employees are pissed. In a statement, the Independent Association of Publishers’ Employees (the union representing Dow Jones) said, “Mr. Murdoch has shown a willingness to crush quality and independence, and there is no reason to think he would handle Dow Jones or The Journal any differently.”

At least we know where they stand.

Let’s see what happens with this. I’m keeping an eye on this story.

(Disclaimer: Photo courtesy, and it’s not a real story. I just used a random image of a stockbroker. So lay off, you lawyers out there.)