Seven Years Later: What Exactly Did Rupert Murdoch Do To The Wall Street Journal?

Seven years ago, Rupert Murdoch ended the 105-year-long ownership of the Wall Street Journal by the Bancroft family, when he bought the paper for $5 billion.

 

Employees, readers, and investors were terrified that Murdoch might turn the Journal into, say, the New York Post, maybe even with half-naked starlets on page 3.

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