OLD Media Moves

WSJ union to Murdoch: You just don't get it

May 4, 2007

Posted by Chris Roush

The union that represents the business journalists at The Wall Street Journal, Barron’s and Marketwatch responded Friday in an e-mail to its members that comments made by News Corp. CEO Rupert Murdoch in a story in Friday’s New York Times show that he doesn’t understand the Journal.

IAPENews Corp. offered to buy Dow Jones & Co., the parent of the business papers and web site, for $5 billion earlier this week.

Union president Steve Yount said, “I was particularly troubled by an apparent off-hand comment in the New York Times interview with Rupert Murdoch, quoting Mr. Murdoch saying, ‘I’m sometimes frustrated by the long stories,’ he said, adding that he rarely gets around to finishing some articles.

“I’m afraid Mr. Murdoch doesn’t understand why The Wall Street Journal is The Wall Street Journal.

“Not everything is five paragraphs and picture.

“Dow Jones did not become the most trusted source of business news and information in the world by serving up News Nuggets.”

Read more here.

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