This seems like a silly question to me. If I owned a business or newspaper and it was under attack I would most certainly do my best to bring it back. Rupert Murdoch will do the same. If his newspaper is coming under criticism or trouble, he will do what he can to bring it back.
Rupert Murdoch may have many faults and sometimes come across as an abrasive and unscrupulous person, but he is before anything else a businessman. He has carefully chosen to buy the Wall Street Journal because of the values and business potential the Journal represents. He is fully aware that changing the WSJ too much could result in losing its base readership and this would make no business sense at all. He will adapt the WSJ to his business vision while maintaining the WSJ's own identity.
If history has anything to show, it is how a man works with his hands and what he has to show for it. His past shows he is good at what he does, and that he will get the job done. He is a proper and just man, and he will help the Post greatly.
I believe that profit will be a major concern of Rupert Murdoch, as is the trend with most newspapers today. If this is the case, I fear that the high journalistic quality of the Wall Street Journal may suffer. The bottom line will be at the top of his list, and readers may be disappointed with the results.
It seems that News Corp. Chairman Rupert Murdoch will not protect the integrity of The Wall Street Journal because general news stories are already outnumbering business stories. The Wall Street Journal used to be all about business news. Now just glancing at the front page nowadays you can see more general news stories like current events. This seems to be the trend which the WSJ is taking. The integrity is already lost.
The total disregard for privacy rights and integrity by Murdoch's employees is truly epic. There is no reason to expect anything different from him or his organization, moving forward. The Wall Street Journal is a good read, with good writers. Rupert Murdoch has failed to demonstrate integrity in the past, putting this publication at risk.
In a recent Wall Street Journal article, although Murdoch admitted to the existence of the phone hacking scandal, he said his employees made only "minor mistakes". This attitude shows that, despite the fact that actual laws were broken to illegally obtain information by his reporters, he doesn't realize what his reporters did. And, he condoned it by looking the other way, which was a grave breach of journalistic ethics.
As the old saying goes, you can take the cowboy out of the west, but you can't take the west out of the cowboy. Mr. Murdoch is one lousy cowboy on the open plains of corrupt news coverage.
The recent phone hacking scandal in Britain has exposed a very ugly underbelly to the news business, as practiced by News Corp. Rupert Murdoch has successfully expanded his media empire by having no concern for traditional values of journalism. While it is likely that News of the World is not the only entity to illegally hack into individuals' phones, the widespread and longstanding use of the practice by News Corp employees, and the shallow expression of regret, indicates that Murdoch and his employees have no integrity, and that will eventually affect the Wall Street Journal.
Scandals are a regular part of the news organizations that Rupert Murdoch owns. One of his newspapers in England is currently embroiled in a scandal where they acquired the numbers and pass-numbers to famous political and entertainment individuals, and were able to steal their voicemails. Is this the type of business practice that we want to be importing to this country? The First Amendment is a privilege that needs to be upheld, not abused.
Rupert Murdoch has very strong opinions on most matters. He has said this in just those words in a recent interview. He has also admitted that he "angled" the news, particularly on Fox News, to support the Bush agenda and to convince the world that Iraq had weapons of mass destruction.
These are not the actions of a person whose goal is to provide unbiased news. These are the actions of a man who wants to influence public opinion, and is not ashamed of doing so.
It is unlikely that Rupert Murdoch will allow the Wall Street Journal to continue its course of presenting "factual" news as opposed to Murdoch-massaged facts geared to support his personal opinions and agenda. He has already shown us that presenting factual news is not his goal. He has TOLD us in his interviews that he has "altered" the facts to suit his purpose. Rupert Murdoch, a native Australian, has also stated in interviews that he became a naturalized American citizen so that he could buy the news media that he wanted.
The Wall Street Journal has for decades been a bastion of honor, integrity and reliable reporting. It is sad to see it go.
He as a businessman will go always after the profit, and since general news stories are already outnumbering business stories I guess he will not support the WSJ. Unfortunately, in business, profit is not always good for the people, but he will be putting his own interests over those of others.
There is a considerable market for the sort of well-researched, careful news reporting the Wall Street Journal has acquired a reputation for providing, particularly as other print outlets downsize or shutter entirely. Yet the partisan drift of news outlets across all media over the last ten to fifteen years offers a worrying template for the Journal's possible evolution. Viewers have flocked to the more opinionated news sources, and advertising dollars have followed suit. Further, Murdoch's well-known conservatism and his propensity for pursuing profit even at the expense of quality journalism, most notoriously exemplified by FOX News, suggest he will be open and at times eager to dilute the Journal's brand with ideology where it's financially feasible. He has not always behaved in a predictably partisan way, so definite predictions are impossible. But in view of Murdoch's record and the advantages of partisanship, things seem likely to worsen at least somewhat.
Rupert Murdoch's other venture is of course, the FOX News Channel, a notoriously and undoubtedly biased and shameless cable channel that sells political opinion wrapped as objective journalism. That the WSJ would be considered as having 'integrity' after the plain objective of his other business is a fantasy held by those who buy the propaganda.