Murdoch, Ruler of a Vast Empire, Reaches Out for Even More

MURDOCH, RULER OF A VAST EMPIRE, REACHES OUT FOR EVEN MORE
[SOURCE: New York Times 6/25, AUTHOR: Jo Becker]
More than 30 years after the Australian-born Rupert Murdoch arrived on the American newspaper scene and turned The New York Post into a racy, right-leaning tabloid, his holding company, the News Corporation, has offered $5 billion to buy a pillar of the business news establishment -- Dow Jones, parent company of The Wall Street Journal. This long article looks at his vast media holdings, his influence on policymakers in England and the US and what it all could mean for the wall street Journal.
http://select.nytimes.com/mem/tnt.html?emc=tnt&tntget=2007/06/25/business/media/25murdoch.html
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