I’m not sure why the Times needed five journalists and an above-the-fold front-page slot for its long story about Rupert Murdoch today. I learned virtually nothing new. It’s what we in the biz call a clip job: take out the clips and start writing.
Separately, I’ve been amused by the Bancrofts’ apparent efforts to keep Murdoch from controlling the Journal in any way — not only because you can’t sell something and then keep controlling it but also because in every other discussion of media today, owners who do not take a direct role in their publications are vilified as absentee. The Bancrofts have been absentee owners and they want to continue without owning and stop the owner from doing his job.
We get it. You don’t like him. But business isn’t about liking. And this is a business.