What does the Wall Street Journal reporter who covered Rupert Murdoch‘s successful campaign to purchase Dow Jones (including the WSJ) think about the deal?
Dennis Berman has just posted a video (below) on the WSJ website, in which he addresses the question of the paper’s journalistic credibility by noting that e-mails are crowding his inbox from people saying that they plan cancel their subscriptions. Indeed, reader feedback now posted on the Journal’s own website seems almost universally negative.
Berman observes that the question facing the Bancrofts, the family owners, was: “Is it about the legacy or about the money? As we see right now, the money won out.”
What does all this mean for the WSJ’s highbrow “Leisure & Arts” page, where I’m a contributor? Somehow I don’t think that’s uppermost in most people’s minds at the moment. Your guess is as good as mine.
Straight from the WSJ newsroom, here’s the commentary from the paper’s own reporter: