War at the Wall Street Journal: Inside the Struggle To Control an American Business Empire
| Author | : | |
| Rating | : | 4.78 (790 Votes) |
| Asin | : | 0547152434 |
| Format Type | : | paperback |
| Number of Pages | : | 304 Pages |
| Publish Date | : | 2017-08-30 |
| Language | : | English |
DESCRIPTION:
Finally, comes Murdoch himself, who stopped at nothing to get his long-sought prize--including agreeing to an oversight board for the Journal he quickly ignored--and paying the whopping sum of $5.6 billion to get it (including the assumption of $600 million of debt on Dow Jones' books.)Ellison's book does a fine job of revealing the subtext for Murdoch's unbridled ambition to get control of The Wall Street Journal: He wants to use the paper to take down, if he can, The New York Times and the Sulzberger family that owns it. Interestingly, as good a businessman as Murdoch is supposed to be, the Journal is losing more money under him than it was previously. The battle has just started. Cohan is an online columnist for the New York Times, appears on NPR, CNN, Bloomberg TV, CNBC, and is a frequent contributor to Vanity Fair, Fortune, the Washingto
Here is a superlative account of a deal with reverberations beyond the news, told with the storytelling savvy that transforms big stories into timeless chronicles of American life and power.. Going above and beyond her original reporting and the accounts of others, Ellison uses her knowledge of the paper and its people to go deep inside the landmark transaction-and also far beyond it, into the rocky transition when Murdoch's crew tussled with old Journal hands and geared up for battle with the New York Times. Sarah Ellison, while at the Journal, won praise for covering the $5 billion acquisition that transformed the pride of Dow Jones and the estimable but eccentric Bancroft family into the jewel of Rupert Murdoch's kingdom. With access to all the players, Ellison moves from newsrooms (where editors duel) to estates (where the Bancrofts go at it like the Ewings). This is a tale about big business, an imploding dynasty, a mogul at war, and a deal that sum
The Journal addicted Amazon Customer Fun to read about my former employeer Dow Jones Inc. But I lacked a description of how young Mr. Barncroft's racing career in Europé developed ;-) beside that a great read. "A classic business tale with an ending yet to be determined" according to S. McGee. You know a book is really good when you are on an express subway train and you don't realize you've passed your stop until it pulls out of the station. And you don't even mind that it's going to take you an extra A classic business tale with an ending yet to be determined S. McGee You know a book is really good when you are on an express subway train and you don't realize you've passed your stop until it pulls out of the station. And you don't even mind that it's going to take you an extra 40 minutes to get home, because that will give you more time. 0 minutes to get home, because that will give you more time. An interesting book and a quick, engaging read. jm An interesting book and a quick, engaging read. The first half covers the takeover bid by Rupert Murdoch for Dow Jones, principally on how the Bancroft family dealt with it. The second half covers the Journal post-takeover and the many changes that have occurred. The autho