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Read It Here First: “De-Financializing” the WSJ

Posted By Barry Ritholtz On April 28, 2008 @ 3:45 pm In Financial Press | Comments Disabled

Last week, we noted that the new WSJ under Rupert Murdoch was being "De-Financialized;" that the coverage was becoming less business and money oriented, and more of a general
interest paper — kinda like what the Washington Post and the New York
Times already do.

A rather similar sentiment was expressed in David Carr’s column today:

"There is certainly no evidence that Mr. Murdoch has turned the
newspaper into a tool of his business or political interests —
something that had been widely feared and predicted. But there are
clear signs that a sui generis [1] business paper is fast becoming a very
common general-interest paper, albeit one with a really dynamite
business section

Further changes were unveiled last week, but
they seemed to reflect a broader range of stated interests without any
additional staff or expertise. The Project for Excellence in Journalism
completed a content survey last week and found that the newspaper’s
front-page coverage of politics had tripled and that front-page
coverage of business had been cut in half."

Interesting stuff . . .


Murdoch’s WSJ Changes Creates Opening for NYT, FT [2]  (April 2008) http://bigpicture.typepad.com/comments/2008/04/murdochs-wsj-cr.html

At Journal, the Words Not Spoken [3]
NYT, April 28, 2008

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2008/04/read-it-here-first-de-financializing-the-wsj/

URLs in this post:

[1] sui generis: http://en.wikipedia.org/wiki/Sui_generis

[2] Murdoch’s WSJ Changes Creates Opening for NYT, FT: http://bigpicture.typepad.com/comments/2008/04/murdochs-wsj-cr.html

[3] At Journal, the Words Not Spoken: http://www.nytimes.com/2008/04/28/business/media/28carr.html

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