Blog on the Run: Reloaded

Thursday, October 13, 2011 9:22 pm

Lie down with dogs, get up with fleas, Wall Street Journal edition


Not even the Wall Street Journal is immune:

 

One of Rupert Murdoch’s most senior European executives has resigned following Guardian inquiries about a circulation scam at News Corporation’s flagship newspaper, the Wall Street Journal. The Guardian found evidence that the Journal had been channelling money through European companies in order to secretly buy thousands of copies of its own paper at a knock-down rate, misleading readers and advertisers about the Journal’s true circulation.The bizarre scheme included a formal, written contract in which the Journal persuaded one company to co-operate by agreeing to publish articles that promoted its activities, a move which led some staff to accuse the paper’s management of violating journalistic ethics and jeopardising its treasured reputation for editorial quality.

Whocouldaknowed?

As you’ll recall, earlier this summer some members of the Bancroft family, which had owned the Journal’s corporate parent, Dow Jones, expressed regret about having sold the property to Murdoch’s News Corp. after learning about Murdoch’s operation’s wiretapping and other crimes. They can go to hell. It was obvious to anyone with half a brain that Murdoch was a criminal, and they got more for the property than the market really should have dictated, so I don’t want to hear them whine.

An apology from them for turning over a crown jewel of American journalism to a common thug, and screwing their employees and readers and advertisers, would be nice. But then so would a pony, and I ain’t counting on that, either.

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