Sarah Ellison
Auteur van War at the Wall Street Journal: Inside the Struggle To Control an American Business Empire
Over de Auteur
Sarah Ellison led the Wall Street Journal's coverage of Rupert Murdoch's bid for Dow Jones. Her stories about the media business have been recognized by the Newswomen's Club of New York and the New York Press Club.
Werken van Sarah Ellison
Tagged
Algemene kennis
- Geslacht
- female
- Nationaliteit
- USA
- Beroepen
- journalist
- Organisaties
- The Wall Street Journal
Leden
Besprekingen
Statistieken
- Werken
- 3
- Leden
- 73
- Populariteit
- #240,526
- Waardering
- 3.9
- Besprekingen
- 4
- ISBNs
- 7
The first half of the book is devoted to the Bancroft family of Boston who had owned the paper as part of the Dow Jones company for 105 years. The intention of the elders of the family was to hold the paper perpetually and to stay resolutely out of editorial policy. That worked fairly well until the internet came along and created problems for print newspapers worldwide. The book allows us to watch the dynamics in the family as they grew up and apart. As happens often in extended families, the branches found themselves at odds with different ideas for the company. These schisms were exploited by investment bankers, CEOs and Rupert Murdoch resulting in the sale.
I found the second half of the book, after the sale, the most riveting. While the WSJ and Murdoch were both on the conservative side of the political spectrum, they differed greatly in their vision for the paper. The Journal was known for its in-depth analysis of news and events. Murdoch was primarily concerned with profits and circulation statistics. The two different goals had to clash. The struggle of the editors and reporters at the paper to hold on to the paper's traditional values against the pressure from Murdoch and his team made for riveting reading. I highly recommend it to anyone interested in the history of the news media and how we reached the point at which we find ourselves today.
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