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Beware: Tycoon ousts Wall Street Journal editor

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What will become of the Wall Street Journal under media baron Rupert Murdoch, who bought the Journal‘s parent company in December for $5.16 billion? We got our first hint last week when he pushed out Marcus Braschli, the WSJ’s managing editor, and put in his own man. He said the changes he wants to make were not moving fast enough (four months). When Murdoch bought the Journal’s parent company in December for $5.16 billion, lovers of excellent journalism experienced a collective chill. The WSJ is the best daily business and finance newspaper in the world, and its coverage of world and national news ranks with the NY Times and Times of London. Now it’s owned by the owner of Fox News, the NY Post and supermarket tabloids all over the world.

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