8/02/2007

New York Times concerned about Wall Street Journal's objectivity

If we were in any other business, a risky takeover of a powerful competitor might lead to celebration. Not in our business. Good journalism, which is an essential part of American democracy, thrives on competition.

More than anything, competition makes our work better — more ambitious, more in-depth, more honest. When Americans are served by many different, responsible, competing news outlets, they can make more informed judgments. That is why we, and so many others, are paying such anxious attention to Rupert Murdoch’s purchase of Dow Jones & Company and its crown jewel, The Wall Street Journal. . . .


Well, on the plus side at least the New York Times will maintain its objectivity. That should be a real boon for the NY Times circulation, right? Personally, I think that the news pages of the WSJ have a left wing tilt. I could see the problem for objectivity if the news stories moved to the middle.

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