I Guess It Is Too Late

R. I. P. Wall Street Journal

“It’s sad,” said a veteran reporter at one of the domestic bureaus, who did not want to be named because of concerns over his career. “We held a wake. We stood around a pile of Journals and drank whiskey.”

Something to think about…

And, as if we needed confirmation of the trainwreck ahead of us, Murdoch’s New York Post didn’t bother to report the DJ sale on its front page, or even its front news section. However, in their business section article they portrayed the sale in glowing terms:

“The Dow Jones group, including Barron’s and Dow Jones Newswires, will now be folded into the global reach of News Corp., adding more international clout to the Journal and the company’s other brands,”

I think they may have meant, “…adding more international clot to the Journal…”

Update: FCC Commissioner, Michael Copps, reminds us that there is still a regulatory process to be completed and that it will be “no slam dunk.”

Copps: “It’s interesting to hear the ‘experts’ claim the transaction faces no regulatory hurdles. Not so fast! This deal means more media consolidation and fewer independent voices, and it specifically impacts the local market in New York City.”

Amen. I’d be surprised if the Republican-dominated Commission blocked the sale, but the debate is a worthy one and Commissioner Copps, with his ally Commissioner Jonathan Adelman, could use the opportunity to shine more light on the extent to which media consolidation is harmful to journalism and to the public interest.

CNN’s Parade Of GOP Pundits: Laura Ingraham Edition

In its quest to out-fox Fox News, CNN is handing over its 8:00 pm time slot to conservative shill, Laura Ingraham for a week. Ingraham is the diva that deemed that artists should “Shut Up and Sing” (unless, of course, you’re Ronald Reagan or Fred Thompson). It was only a few weeks ago that CNN recruited Glenn Beck for the same duty. Is this the beginning of a parade of rightist ideologues to audition for the role from which Paula Zahn has been ousted?

Who’s next? Rush Limbaugh? Michael Savage? Ann Coulter?

It is more than a little puzzling that CNN would pursue this course when they already have Lou Dobbs to represent the intolerant, blowhard wing of public opinion. And there doesn’t seem to be an argument for ratings when you consider that Beck bombed, performing 23% below the failing Zahn. If ratings were a consideration, then why doesn’t CNN try to emulate the example of a surging Keith Olbermann rather than the fading Bill O’Reilly, who has lost half his audience in the past two years.

Speaking of fading, wasn’t it Ingraham who called CNN a dinosaur in an appearance on The O’Reilly Fester? And this is her reward. Ingraham also impugned the character of reporters who risk their lives in war zones. Her reward for that was a smackdown by Lara Logan of CBS. Then there was the time Ingraham urged her radio listeners to jam the phone lines of a voter protection hotline.

If CNN considers Ingraham to be a credible host for their “news” network, they really are marching further down the trails blazed by Fox. By traipsing a flock of right-wing pundits across their airwaves they demonstrate the fallacy of the liberal media myth. It’s not as if they couldn’t pick from the likes of Ed Schultz, Randi Rhodes, Thom Hartmann, Rachel Maddow, Stephanie Miller, Sam Seder, Taylor Marsh, Jim Hightower, Laura Flanders, or other distinguished progressive commentators. It’s just that they don’t want to. And that’s the problem.