Rupert Murdoch | The New York Observer

Report: Multiple Envelopes Containing White Powder Sent to Wall Street Journal Executives; Editorial-Page Staff Evacuated

Wed, 21 Jan 2009 13:41:10 -0500

The Wall Street Journal's Shira Ovide is reporting that the paper "received more than a dozen envelopes containing an unknown white powder" today.

According to Ms. Ovide, the letters were addressed to executives at the paper's New York offices and the floor where executives and the editorial-page staff work has been evacuated.

In 2001, several media organizations including The New York Post, which, like The Wall Street Journal, is owned...

Michael Wolff v. Col Allan

Wed, 17 Dec 2008 12:42:52 -0500

We've heard quite a bit about Michael Wolff's feuds this week—including one with Conrad Black too!—but in case you haven't had enough, here's one more:

In today's edition of The Observer, we mention an anecdote we reported first last week: Michael Wolff invited 50 people from News Corporation to the party for his biography of Rupert Murdoch, and he said that none of them responded to the invite except for Col Allan. Mr. Wolff told...

What's Behind Post Cozying Up to Caroline?

Tue, 16 Dec 2008 18:59:07 -0500

The New York Post’s endorsement of Caroline Kennedy yesterday is another brilliant example of the political mind of Rupert Murdoch.

For starters, it’s good to have a relationship. That’s a Rupert operating policy.

“I think Rupert has a special relationship with Caroline Kennedy and that has happened through [News Corp. spokesman] Gary Ginsberg, who was John Kennedy Jr.’s factotum,” said Michael Wolff, the writer who...

Michael Wolff Wonders: Why's Judith Regan After the Spotlight Again?

Mon, 15 Dec 2008 11:17:45 -0500

Michael Wolff is scratching his head over why after more than a year of staying almost entirely off the record, his old pal Judith Regan—whom he's known since their undergraduate days at Vassar when she was a "pretty, plumpish hippie"—is trying to get all this attention suddenly by telling the New York Daily News she's going to destroy him for the way he portrayed her in his recent biography of her old boss Rupert...

Waiting for Rupert: Michael Wolff Fetes Murdoch Bio as Guests Search For Mogul

Wed, 10 Dec 2008 07:48:26 -0500

Michael Wolff invited fifty people from News Corp to his book party last night celebrating his biography of Rupert Murdoch, The Man Who Owns the News, at Milk Studios in West Chelsea, but none of them showed.

"None of them RSVP'd, none of them said yes or no," he said last night, while speaking to a reporter, Gabriel Snyder from Gawker, Gawker czar Nick Denton and David Carey, the group president of Condé...

Rupert Murdoch's Weekly Papers Move To Downtown Brooklyn

Mon, 08 Dec 2008 11:43:34 -0500

Rupert Murdoch will consolidate some of the offices of his weekly newspaper chain into one 18,000-square-foot space in Bruce Ratner's One Metrotech Center, the 24-story Class A building at 70 Myrtle Avenue, according to an annoucement released this morning.

The group of newspapers, called, appropriately enough, the Community Newspaper Group, includes the Bronx Times Reporter, as well as two chains -- TimesLedger and Courier-Life -- that Mr. Murdoch bought in 2006 for a rumored...

Lineup for December 3rd, 2008

Wed, 03 Dec 2008 07:55:45 -0500

What are people saying about David Gregory, NBC News' heir presumptive for Tim Russert's job on Meet the Press? Felix Gillette talks to some who say things like, “He’s got great instincts when it comes to what area of stories to probe...I don’t think there’s much of a learning curve when it comes to politics. He knows that world as well as anyone. He gets great stuff out of people" and "He can be...

Murdoch the Magnificent

Mon, 01 Dec 2008 13:43:30 -0500

The Man Who Owns The News: Inside the Secret World of Rupert MurdochBy Michael WolffBroadway Books, 446 pages, $29.95

Among people in what’s called “traditional media,” a genre that today ranges in intellectual and commercial standing from the indifferent to the near-extinct, it’s a commonplace to think of Rupert Murdoch as the Great Satan—as a cur, a pig and monster of the lowest order, a vulgarian whose acquisition of The Wall Street Journal in 2007...

A Year Later, Wall Street Journal Finalizes Partnership With Its Corporate Cousin HarperCollins

Mon, 10 Nov 2008 10:13:34 -0500

More than a year after Collins publisher Steve Ross and his boss at HarperCollins met with representatives from The Wall Street Journal to discuss the possibility of a partnership, the ink is finally dry. The first book The Journal will publish through Collins, The Wall Street Journal Guide to the End of Wall Street As We Know It: What You Need to Know About the Greatest Financial Crisis of Our Time—And How to Survive...

News Corp. Cuts 2009 Profit Forecast

Thu, 06 Nov 2008 12:48:54 -0500

Bad news for News Corporation, owners of Fox News, The New York Post, The Wall Street Journal, HarperCollins, 20th Century Fox, and a number of other major media properties.

According to Bloomberg's Andy Fixmer:

News Corp., the media company controlled by Rupert Murdoch, plunged as much as 16 percent in New York trading after cutting its 2009 profit forecast because of shrinking ad sales at its Fox stations and newspapers.

News Corp. sank...

Murdoch Biographer Says He Tried to Portray Real Mogul: 'I May Even Like The Man at Various Levels'

Thu, 23 Oct 2008 11:46:16 -0400

Rupert Murdoch trusted Michael Wolff to write a nice book about him, but then Mr. Wolff went and wrote all about how Mr. Murdoch ridicules Fox News and is embarrassed of Roger Ailes. Mr. Murdoch got a copy of Mr. Wolff's book, The Man Who Owns The News—which comes out in six weeks—through a well-placed pal in Europe, and now he's gone public in the pages of The New York Times with his objections.

...

WSJ Circ Preview: The Soft Pride of Low Expectations

Tue, 21 Oct 2008 16:29:44 -0400

In early September when Robert Thomson and Tina Gaudoin revealed The Wall Street Journal's luxury insert WSJ. at a lavish breakfast for reporters at the Morgan Library, Mr. Thomson, the paper's managing editor and editor in chief of Dow Jones & Company boasted:

'The eschatological angst that characterizes much of the newspaper industry does not define Dow Jones. You'll see when the next round of circulation figures are released just how robust, how rosy our...

Rupert Murdoch on Steve Dunleavy: His "Whole Career Defies Description"

Thu, 02 Oct 2008 15:33:49 -0400

It rained hard on Wednesday. By the time guests started to arrive at Bourbon Street—the New Orleans-themed saloon in the Theater District—the rain had tapered off but the streets had that shiny, film noir, old New York look. You could almost imagine Travis Bickle cruising by in an old yellow taxi talking about how a real rain would some day come to clean up our dirty streets.

It was, in...

All Is Forgiven: Esquire Names Banned Author 'Most Influential'

Tue, 16 Sep 2008 14:43:35 -0400

Looks like Esquire has finally forgiven Dave Eggers.

In 2001, writing in The New York Times 'Style' section, Anna Holmes offered a rundown of words and phrases banned by various publications. Among the offerings:

David Granger, the editor in chief of Esquire, forbids ''Dubya,'' ''at risk'' and ''Eggers,'' the last because he had a falling-out with the novelist David Eggers, who worked at Esquire before he was...

Where Did That Bloomberg to Buy New York Times Rumor Come From?

Tue, 02 Sep 2008 08:01:47 -0400

How do rumors get started? They get started, apparently, by journalists who seek to connect with powerful sources, according to Vanity Fair's Michael Wolff, who shares an excerpt from his upcoming Rupert Murdoch biography in the October issue of the magazine.

In Tuesdays with Rupert, Mr. Wolff writes:

[Mr. Murdoch] may be among the biggest gossips in New York. In the months of interviewing him, I found that the most reliable way to hold...

In Which Michael Wolff Rides in a Golf Cart With Rupert Murdoch's Mother: A Q&A

Thu, 28 Aug 2008 16:41:33 -0400

The New York Post's Keith Kelly reported yesterday that Michael Wolff’s book on Rupert Murdoch and the Dow Jones takeover is coming out in December, instead of February as initially intended. This spurred Media Mob to get in touch with Mr. Wolff and find out why. We did, pretty much right away, and the answer was just “Christmas,” so we stayed on the line for another few minutes and asked Mr. Wolff some...

Black and White, Red All Over: Is 2008 the Worst Year in Modern Newspaper History?

Mon, 21 Jul 2008 08:08:19 -0400

On Wednesday morning at 11 a.m., Arthur Sulzberger and Janet Robinson will be managing a conference call that, from the looks of it, won't be much fun. They'll be reporting The New York Times Company's second-quarter earnings. Last time they did one of quarterly earnings calls, The Times reported big losses; there was a plan to cut 100 newsroom jobs, some through straight-up layoffs rather than superannuation and...

Wood War Is Over (If You Want It)

Tue, 15 Jul 2008 17:21:33 -0400

Dogs and cats living together, mass hysteria ... and this! Tim Arango at The Times is reporting something that was probably once unfathomable but utterly plausible in today's bleak, sad newspaper climate: Rupert Murdoch and Mort Zuckerman are negotiating a plan to combine some back offices to ease operating costs for The New York Post and the Daily News.

He reports:

Lawyers for both newspapers are trying to find a structure for an agreement that would...

Please Help Rupert Murdoch Find His Wedding Ring

Fri, 11 Jul 2008 15:53:54 -0400

Rupert Murdoch lost his wedding ring!

How? Well, he was under the influence, naturally.

According to Reuters report the media mogul was getting "sloshed" with other media and tech moguls at the Sun Valley Lodge. But! As everyone was exiting, Mr. Murdoch stayed behind in the lobby and told reporters that he was hunting for his wedding ring.

Best part of the tale: concerned reporters joined Mr. Murdoch in search of the lost ring--What will Wendi...

13 Months After Murdoch: The Journal Diaspora

Tue, 24 Jun 2008 19:06:45 -0400

Last week, The Wall Street Journal’s managing editor, Robert Thomson, announced sweeping masthead changes—new people have been added, some familiar names dumped.

Laurie Hays, former deputy managing editor, is off to Bloomberg; Bill Grueskin, another deputy managing editor, is packing away for Morningside Heights and semi-retirement at the journalism school at Columbia University.

Other people left, too. Earlier this month, The...

Times Book Review Editor Reviews Wall Street Journal Business Plan

Wed, 18 Jun 2008 15:17:17 -0400

On Paper Cuts, The New York Times' book blog, Barry Gewen writes about Mark Bowden's recent Atlantic article about Rupert Murdoch's acquisition of The Wall Street Journal and his desire to kneecap the paper of record.

Mr. Gewen, you may recall, revealed the inner-workings of The Times Book Review at Harvard last year. Among his revelations: the names and roles of several NYTBR editors, how they choose what books to review, and some...

Why Jane Jumped: Forensics on the End Of Friedman at HC

Tue, 10 Jun 2008 16:32:44 -0400

At 11 a.m. last Wednesday morning, Jane Friedman presided over a meeting with her publishers and some marketing people on the 15th floor of the HarperCollins building in midtown. The meeting was about digital outreach, and offered an occasion to discuss ideas for how the News Corp.-owned publishing house could use computers to sell more books. This meeting, a regular thing, was held once every two or three weeks as part of an initiative...

Thomson as New Journal Editor: 'I Feel Privileged'

Tue, 20 May 2008 18:53:59 -0400

We just caught up with Robert Thomson, who, it was just announced, will be the newspaper's next managing editor, on the phone. "I feel privileged," he said. "I'm looking forward with much excitement to making the Journal, and its news wires, which is the greatest news organization in the world, even greater."

He will move down to the newsroom's ninth floor tomorrow, and will take over chief editing duties over the paper...

Robert Thomson Named Editor of The Wall Street Journal

Tue, 20 May 2008 18:39:28 -0400

Here's the News Corp. press release. More coming shortly.

Robert Thomson has been appointed Editor-in-Chief of Dow Jones and managing editor of the Wall Street Journal, effective immediately, Rupert Murdoch, Chairman of Dow Jones & company, announced.

The Dow Jones Special Committee today unanimously endorsed Mr. Thomson's appointment following his nomination by the Company last week.

Mr. Murdoch said: "Mr. Thomson's outstanding career as a financial journalist, foreign correspondent and editor, equips him perfectly for the position."

Les...

Take That, Rupert! Related Air Brushes News Corp. From Rail Yards Renderings

Mon, 19 May 2008 16:54:12 -0400

Check out the above rendering. We got it on Monday afternoon at a press conference to tout the deal struck this weekend between the Related Companies and the M.T.A. over the development rights of the West Side rail yards.

Look closely. An old rendering, from Related's original rail yards bid in November, featured a sign above the concert stage that read "myspace.com". It was, of course, a reference to then-anchor tenant News Corp., owner...

At Arianna's Big Book Bash, Moguls Mingle But Mum's the Word on Murdoch and Newsday

Sun, 11 May 2008 08:04:18 -0400

Arianna Huffington made The New York Times on Friday morning for a blog post she wrote on her Web site about John McCain. In that post Ms. Huffington wrote that a few years back McCain told her at a dinner party that he did not vote for George W. Bush in 2000. This made McCain look like a hypocrite, and his campaign responded by calling Ms. Huffington “a flake and a poser and an...

At Big Time 100 Bash, Rupert Murdoch Plays it Cool

Fri, 09 May 2008 07:08:48 -0400

Rupert Murdoch was standing in a deep corner of the Rose Hall at about 7:30 p.m. last night to toast his fellow influencers: It was the Time 100 celebration, an event that drums up publicity for the magazine's decreasingly influential list of the 100 most influential people in the world.

The day before, Mr. Murdoch had promised investors and reporters listening in on a News Corp. investors' call that he'd prevail in his purchase of...

Lineup for May 7, 2008

Wed, 07 May 2008 07:59:05 -0400

Leon Neyfakh wonders who'll replace departing Random House CEO Peter Olson. "Regardless of whom Bertelsmann CEO Hartmut Ostrowski and his 15-person supervisory board appoint to replace Mr. Olson, it is all but certain that Random House will undergo some radical changes." Plus: James Frey.

Doree Shafrir has the tale of the tape on several heated media feuds, including Jared Paul Stern v. Ron Burkle, Buzz Bissinger v. Will Leitch (thankfully resolved), and Leon...

Hands Still Wringing at Journal As Robert 'Head of Content' Thomson Takes Reins

Tue, 06 May 2008 18:52:02 -0400

For the past two weeks, Robert Thomson, publisher of The Wall Street Journal, has been busy not being the paper’s editor.

It hasn’t been easy. Since April 22, when Marcus Brauchli resigned as the newspaper’s managing editor, Mr. Thomson, who was forced to describe himself in an interview with The New York Times as the interim “head of content” for the paper, has had nine meetings (in person and on conference calls)...

Robert Thomson Dials Journal Back to 0.0

Tue, 06 May 2008 17:41:54 -0400

When Robert Thomson met with the reporters and editors of the Wall Street Journal's Money & Investing desk last week, he wasn't shy about at least one thing he planned to tear up from the old regime.

Namely, the plot to institute "Journal 3.0" that was put forward by former publisher Gordon Crovitz.

The initiative was meant to populate the front page with more "what-it-means" stories, on the assumption that like The New Yorker, the Journal...

Unrest at the Journal

Wed, 30 Apr 2008 16:38:10 -0400

Tomorrow marks the one-year anniversary of the original CNBC report that Rupert Murdoch was interested in buying Dow Jones at $60 per share. And one year later, nothing seems to have calmed down at the Wall Street Journal.

Gawker editor Nick Denton is reporting on the unrest in the week since Marcus Brauchli left the paper. At a meeting on Monday morning, Robert Thomson raked assembled staffers over the coals for being slow on stories....

Bancroft Family Member on Brauchli Ouster: 'This Is Why I Was Not in Favor of Selling the Paper to That Man'

Wed, 23 Apr 2008 17:01:41 -0400

Portfolio's Jeff Bercovici talks with Jane Cox MacElree, a member of the Bancroft family who didn't mince words about the firing of The Wall Street Journal managing editor, Marcus Brauchli:This is why I was not in favor of selling the paper to that man. Words mean nothing to him, unless they're his... It's over and done with, and there's no point in going on about it, in my opinion... I just feel bad for...

Newsday.com: Real Competition For the Times?

Wed, 23 Apr 2008 12:49:36 -0400

So while the city's biggest media moguls—and the FCC and Congress—start to sort out who can buy Newsday, some curious analysis of the newspaper's Web site is going around.

Yesterday, Arthur Sulzberger Jr. said at the Times Center that newsday.com was its top competition for grown-ups.

"NYTimes.com also ranks No. 1 in coverage of the greater New York market, reaching 28 percent of adults," he said. "Our closest competitor, Newsday.com, reaches 16 percent."

And why is it...

Lineup for April 23, 2008

Wed, 23 Apr 2008 08:22:52 -0400

Lose an editor; gain a media property. John Koblin details every maneuver in one very busy week for Rupert Murdoch. This piece has everything: The Wall Street Journal, Marcus Brauchli, Newsday, The New York Times, and Arthur Sulzberger, Jr.

Felix Gillette talks to Fox News' James Rosen about his new book, The Strongman: John Mitchell and the Secrets of Watergate, "a hefty 600 or so pages, contain 65 pages of footnotes, and...

Rupert Rex

Tue, 22 Apr 2008 20:08:37 -0400

Marcus Brauchli’s last supper with The Wall Street Journal had been a good one.

Seated at a table in the ballroom of the Ritz-Carlton Hotel on 22nd Street NW in Washington, D.C., on the evening of April 21, he’d been offered a roasted red apple stuffed with bleu-cheese mousse; a Vidalia onion-crusted petite filet mignon with baby turnips; a chocolate mousse bombe with a dark chocolate crème brûlée center; and two wines,...

Wild News Day For Media Watchers

Tue, 22 Apr 2008 18:27:41 -0400

And how was your day? If you're a media critic or reporter, it was anything but slow.

Starting last night when "Time Reporters" broke the news that Wall Street Journal managing editor Marcus Brauchli would be leaving the paper followed closely by The Wall Street Journal's Merissa Marr reporting Sam Zell's Tribune Co. was "closing in on an agreement to sell its Long Island newspaper Newsday" to her paper's parent company, News...

Brauchli's Letter to Journal Staff: 'New Owners Should Have a Managing Editor of Their Choosing'

Tue, 22 Apr 2008 14:12:37 -0400

Moments after Dow Jones sent out a press release announcing the departure of Wall Street Journal managing editor Marcus Brauchli, the following note went out to all staff on his behalf:

To the Staff:

A year ago, I was appointed managing editor, and we set off together on a great journey. We faced uncertainty about our ownership, inclement conditions in our industry and consensus that change was necessary. And so we chose a path of transformation.

We...

Rupert Makes It Legal: Dow Jones Announces Brauchli's Exit

Tue, 22 Apr 2008 14:02:42 -0400

The deal has apparently been struck between outgoing Wall Street Journal managing editor Marcus Brauchli and his News Corp. overlord, Rupert Murdoch. This press release just came in:

Marcus Brauchli Steps Down as Managing Editor of The Wall Street Journal

Accepts Position as Consultant to News Corporation

New York, New York – April 22, 2008 – Marcus Brauchli, Managing Editor of The Wall Street Journal and Les Hinton, CEO of Dow Jones & Company jointly announced today...

Report: News Corp. Closes in on $580 Million Deal for Newsday

Tue, 22 Apr 2008 01:43:03 -0400

The Wall Street Journal is reporting that Sam Zell's Newsday is close to being sold to Rupert Murdoch's News Corp. for $580 million. The story is sourced to people familiar with the situation, and that both parties "have informally agreed on key aspects, including the price, structure and governance."

If the deal is done, Newsday would become a "joint-venture" with The New York Post. What exactly that means is unclear. The Journal reports:

News Corp. had...

Broadsheet Battle: Murdoch's W.S.J. vs. Sulzberger's Times

Mon, 21 Apr 2008 06:23:57 -0400

Newsweek gives big play this week to Rupert Murdoch's early maneuvers at The Wall Street Journal. Point: He's the general who has declared war on The New York Times.

This is something we've been talking about around here for a while now, and rumors of war aside, we haven't quite heard the first shot around here.

That doesn't change much with this week's story, but there's still lots of juice here.

Here are the highlights:

An anecdote about...

Mob Hits for April 10, 2008

Thu, 10 Apr 2008 16:03:24 -0400

Hath Not a Jew Ears? New Republic literary editor Leon Wieseltier attempts to answer to a question you've probably never asked yourself: Can A Jew Enjoy The Sound Of Church Bells? (Spoiler Alert: yes.)

Cos Célèbre: Ta-Nehisi Coates examines entertainer-turned-activist Bill Cosby's brand of post-Civil Rights empowerment philosophy in The Atlantic. "From Birmingham to Cleveland and Baltimore, at churches and colleges, Cosby has been telling thousands of black Americans that racism in America...

Newsday: Zuckerman 'Aggressively Pursuing' Purchase

Mon, 31 Mar 2008 06:12:50 -0400

Despite a rumor floating around Newsday headquarters on Friday that Rupert Murdoch had purchased the paper, Mort Zuckerman is still in the running.

Newsday reported on Saturday that Mr. Zuckerman is "aggressively pursuing" the paper and quotes an unnamed former executive at the paper who said he's been looking at it for a long time....

Hey Mort, Chuck, Rupe! Welcome to Hellville, Long Island!

Tue, 25 Mar 2008 19:12:54 -0400

On Jan. 15, Sam Zell dropped by the bleak house that is the Melville, N.Y., headquarters of Newsday, Long Island’s newspaper.

It was to be a pep talk: The last decade, characterized by its nearly annual tradition of soul-wrenching job cuts, was over. “We’ve got to get off our ass,” he said to the assemblage of reporters and salesmen; it went over well, less like a scolding than a slap on...

Newhouse Inches Forward on West Side Tower; Murdoch's Bid Seen as Unlikely

Fri, 21 Mar 2008 15:48:42 -0400

Condé Nast is inching closer to a new West Side tower.

The Observer's Eliot Brown is reporting that the real estate partnership of Durst Organization and Vornado is one of the two front-runners in its bid for the West Side rail yards. Si Newhouse has an agreement with Durst-Vornado, so if they are chosen—and the winner could be chosen as early as tonight—he'll have a clear path for a new skysraper for all of Condé...

Bidding War Over Newsday?

Fri, 21 Mar 2008 08:17:01 -0400

Ante up!

Now suddenly everyone is interested in Newsday. The New York Times is reporting that a Manhattan media blockbuster trio is "in discussions" to buy the Melville-based newspaper: Rupert Murdoch, James Dolan and Mort Zuckerman. Sam Zell decides who's the winner.

It sets up a satisfying auction between Mr. Murdoch (Post-owner) and Mr. Zuckerman (Daily News-owner) and Mr. Dolan, who owns MSG, the Knicks, Rangers and Cablevision.

The newspaper analyst John Morton told the Times...

Journal Seeks a Cut in Reporters' Book Deals

Mon, 03 Mar 2008 06:37:42 -0500

On Thursday, Wall Street Journal staffers received a memo from managing editor Marcus Brauchli and books director Roe D'Angelo announcing a new book-leave policy.

It seemed simple enough: if reporters want to write a book they need to inform editors ahead of time; the paper can start providing some marketing help—all pretty pro forma stuff. Mr. Brauchli wrote that the change allows the paper to "protect our interests in books based on Journal reporting."

But that's...

Rupert Murdoch Cans Wall Street Journal First Amendment Lawyer

Fri, 29 Feb 2008 14:04:07 -0500

The Wall Street Journal's longtime and well-liked First Amendment lawyer was fired by a Dow Jones senior executive, a recent hire by Rupert Murdoch.

The lawyer, Stuart Karle, had been with the newspaper since 1992. Yesterday afternoon Mr. Karle was called into the office of Dow Jones' counsel, Mark Jackson, who was formerly the associate chief counsel of HarperCollins and was made the chief counsel of Dow Jones on Dec. 17, two workdays after...

In the Times, Journal Editor Declares Murdochian War

Mon, 11 Feb 2008 06:23:12 -0500

David Carr tackles the changing Wall Street Journal this morning and writes about the paper's sudden infactuation with politics. Journal managing editor Marcus Brauchli concedes to Mr. Carr that there have been more political stories this year, but that's because it's such an extraordinary year (simple enough). But Mr. Brauchli also offered this interesting quote:

“Mr. Murdoch has said publicly that we will compete against The New York Times, The Financial Times and other...

Murdoch on Fox: He's 'Very Friendly' with Hillary, and He Wants to Change Culture of the Journal

Mon, 04 Feb 2008 18:17:39 -0500

Rupert Murdoch was on Fox News' Your World with Neil Cavuto this afternoon and discussed how he had "no ill-will" against Hillary Clinton and how he planned to change the culture of the Wall Street Journal (in part, by moving their offices to Midtown). "I think, when you take over a company and you want to make changes, it is good to do everything you can to change the culture. And a physical move...

Journal Says Goodbye—And Good Riddance—to Wall Street

Tue, 29 Jan 2008 19:22:04 -0500

The world was ready for cries of “What fresh hell is this!” from The Wall Street Journal when news broke this week that Rupert Murdoch was planning to move his newest acquisition into his 45-story tower at Sixth Avenue and 48th street, the Death Star of the News Corp. enterprise.

“Are you kidding?” rasped Journal editorial-board member and Pulitzer-winner Dorothy Rabinowitz when we called to collect the requisite fond farewells to the neighborhood...