Next Target: Rupert Murdoch Sets Sights On The New York Times

[DeSwiss]

Target: NYT

LA Times
Joseph Menn
August 13, 2007 01:15 PM

If the Gray Lady didn't have enough problems battling industrywide woes, now she has Rupert Murdoch to worry about.

The media billionaire has made no secret of his desire to take aim at the New York Times once his News Corp. acquires Dow Jones & Co. and its flagship Wall Street Journal in a $5-billion deal expected to close this fall.

Murdoch said during an earnings conference call last week that he wanted the financial newspaper to have "more coverage of national, international and nonbusiness news . . . all to better compete with the New York Times and other national newspapers."

In private, Murdoch has been more blunt. "Rupert thinks the Times is vulnerable," a longtime senior executive said. "He's going to go after them."

Read more: http://www.latimes.com/business/la-fi-nytimes13aug13,1,3773523.story?coll=la-headlines-business&ctrack=2&cset=true

*** - Once Murdoch buys the Times, that'll just us with the National Enquirer as the only "legitimate" newspaper left, won't it???

[sakabatou]

1. Oh no...

Anoher "fox noise" newspaper. :(

[DeSwiss]

4. The question is....

...is there anyone left with the cajones' to tell him HELL NO!!!

[Double T]

2. Wait till the neocons attempt to censor and control the internet.......

news and blogger commentary.

[DeSwiss]

6. I hope they never try it.....

...but if it ever does comes to that, they'll find out what kinds of problems hackers can really cause.

These Neanderthals don't understand the nets. They just know people can make money from it....

[EFerrari]

3. NYTs doesn't need to be bought -- they're already playing ball.

Support the Indys.

[DeSwiss]

8. You got it!!! n/t

:thumbsup: ;)

[EFerrari]

16. The day I understood that, I felt like my boyfriend ditched me.

Oh, well.

:)

[THUNDER HANDS]

5. i'm confused

does the article say he wants to buy the Times, or put the Times out of business?

[BlooInBloo]

7. I bet the latter - hence another misleading DU post....

... and yet DUers still feel ok about castigating the MSM, when they do the SAME thing.

[DeSwiss]

11. Well explain to me how its misleading....

...when my post title repeats the reporter's title???

[BlooInBloo]

12. (a) It's the editor's title, and (b) It should be been in quotes, and...

... (c) It's misleading no matter WHO wrote it, and you may simply be the stenographer-who-plagiarizes.

[DeSwiss]

14. Whatever....

... so now that I understand your opinion on form, do you have any opinions on substance?

;)

[BlooInBloo]

17. Please quote the piece of the article that discusses the NYT as an acquisition target. Thanks!

[DeSwiss]

19. Where do you see the word "acquisition" in the OP????

[BlooInBloo]

20. Your mendacity is wonderful! The title of the OP clearly insinuates this...

... and then you go on after your OP:

"If the NYT loses money, then they'll become more of an acquisition target. So I suppose means both."

(Notice the proper use of quotation marks?)

You claimed above that the article was talking in part about Murdoch acquiring the NYT. The gist of the OP is clearly along the same lines. Now if you aren't simply making shit up, then you'll be able to quote from the article where it talks about the NYT being "an acquisition target" (your words).


(To head off one avenue of mendacity: I at no point claimed that the OP specifically used the word "acquisition".)

EDIT: To head off another avenue of mendacity: I can provide a screenshot you saying the above quote. Let me know if this would be helpful.


Thanks in advance for providing the quote!

[DeSwiss]

10. The article indicates....

...that Murdoch wants to target their income by reducing rates at the news stand and in advertising.

If the NYT loses money, then they'll become more of an acquisition target. So I suppose it means both.

[BlooInBloo]

Please quote the piece of the article that discusses the NYT as an acquisition target. Thanks!

[NashVegas]

21. WTF? Why Are You Harassing a DUer for Speculation?

Where did you get the wherewithal to decide that speculations, whether sincere or sarcastic, based on current events will no longer be allowed on DU?

It is not outside the realm of imagination that Murdoch would love to own the NYT and would work to make a bargain out of its stock.

[kerry-is-my-prez]

9. Murdoch knows that owning the media is the key to power.....

Too bad there's no-one on the left who knows this. I wish Soros would put some of his money towards buying some media outlets.

[DeSwiss]

13. "Too bad there's no-one on the left who knows this...."

...and therein lies the problem. {sigh}

[BlooInBloo]

18. Please quote the piece of the article that discusses the NYT as an acquisition target. Thanks!

[AngryAmish]

15. Why is the Weekly World News closing?

and what did Murdoch have to do with it?

[NashVegas]

22. "Pravda On the Hudson"

I've lost count how many times I've seen a RW hack use that phrase, even though studies show WSJ's reporting was the most liberal-friendly.


Takes on even more significance, in retrospect.