Murdoch Stalking Newsday

Rupert Murdoch is on the prowl again and the editors, employees and readers of Long Island’s Newsday had better pay attention. The News Corp. chief has announced that his ravenous appetite for world media dominance is far from satisfied.

“Media mogul Rupert Murdoch has been calling key state and local officials to say he is close to a deal to buy Newsday and that he looks forward to working with them.”

Murdoch already owns the New York Post, the Wall Street Journal, and two TV stations in the New York market, along with the Fox News Channel, and the Fox Business Network. The $580 million acquisition of Newsday would allow him to further tighten his grip on the biggest media market in the country. Murdoch hopes that by adding Newsday to his empire he might be able to reduce the debt he takes on from the Post, which has lost money for as long as he’s owned it. This would sharpen his aim at his real target, the New York Times, which he has previously vowed to bury.

As for the Newsday staff and customers, they need to be aware of what lay in store if Murdoch is successful. Despite having promised not to meddle in the editorial affairs of the Wall Street Journal as a condition for his purchasing it, his will cannot be denied.

“Marcus W. Brauchli will step down as the top-ranking editor of The Wall Street Journal after less than a year in the job, four people briefed on the matter said on Monday, just four months after Rupert Murdoch took control of the paper.”

As with most of the rest of Murdoch’s properties, Newsday would likely take on his world view. However, Newsday’s fate is not a foregone conclusion. Mort Zuckerman, who owns the New York Daily News, is reportedly preparing his own bid. This may be less because of his desire to own Newsday than his need to keep Murdoch from owning it. Whatever the reason, it may be time to start rooting for Zuckerman.

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One thought on “Murdoch Stalking Newsday

  1. He already has.

    I can not remember the article, but there were comments that had been repeated by the national TV networks on a subject matter as first reported by the WSJ. I tried to search to find the quote from the WSJ, but no luck.

    Sincerely,

    Harley Meyer
    Independent Candidate fro US Congress
    7th Congressional District Arizona
    http://www.harleymeyer.com

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