In a rather extraordinary editorial in Sunday New York Times today, the paper hopes that “the Bancrofts will find a way to continue producing their fine newspaper, or, failing that, find a buyer who is a safer bet to protect the newspaper for its readers,” in effect coming out against Murdoch’s bid fo Dow Jones. Praising its rival newspaper WSJ for its “balanced and trustworthy news report”, it says a family-controlled newspaper like NYT also “lament(s) another news organization’s loss of protection from political currents and the unfettered demands of quarterly earnings.”
“We hope [Murdoch] remembers that The Journal
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