NY TImes: Murdoch Seen to Win Control of Dow Jones. Rupert Murdoch appeared today to have gained enough support from the deeply divided Bancroft family to buy Dow Jones & Company, publisher of The Wall Street Journal, for $5 billion.
A sad day for journalism, but not surprising.
on Jul 31st, 2007 at 1:55 pm
Dan, what’s the chances that media industry leaders will revisit the issue of not-for-profit journalism like the St. Petersburg Times?
on Jul 31st, 2007 at 4:44 pm
[…] Apanhei a notícia via blog do Center for Citizen for Media, cujo fundador, Dan Gillmor, reage com uma frase apenas : “A sad day for journalism, but not surprising.” […]
on Aug 1st, 2007 at 3:08 pm
People are already doing that, Keith. There’s a growing recognition among foundations that preserving excellent journalism, and creating new kinds of journalism in the future, will take some nonprofit sector help.