Murdoch Shoots From The Lip On WSJ
By: Mathew Ingram
Time magazine managed to land an exclusive interview with Rupert Murdoch (maybe it was by promising him the cover and a cover line like...
... "The Last Tycoon"), and - as is typical for the blunt-spoken Australian - he holds nothing back.
While some of the reporters for the illustrious Wall Street Journal took some unauthorized time off to protest Murdoch's acquisition of the paper, the billionaire came out with jewels like this:
- "The price of the Journal," says Murdoch, "is $60 plus vitriol."
- "When the Journal gets its Page 3 girls," he jokes late one night, "we'll make sure they have M.B.A.s."
And then you make it free, online only. No printing plants, no paper, no trucks. How long would it take for the advertising to come? It would be successful, it would work and you'd make a little bit of money. Then again, the Journal and the Times make very little money now."
Tag: WSJ, Wall Street Journal, Rupert Murdoch
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About the Author:
Mathew Ingram is a technology writer and blogger for the Globe and Mail, a national newspaper based in Toronto, and also writes about the Web and media at www.mathewingram.com/work and www.mathewingram.com/media.
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