News Corp., Journal Near Editorial Independence Agreement

As the Rupert MurdochWall Street Journal saga spirals towards its inveitable conclusion, the latest news is that Dow Jones & Co. and News Corp. have come close to an agreement of editorial independence. Although numerous Bancroft family members still harbor reservations about the WSJ‘s editorial integrity under Murdoch’s ownership, the sweet, sweet lucre is still too much to ignore:

“Neither side appeared to see the issues as big stumbling blocks, according to people on both sides of the negotiations.

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