While many argue that newspapers are in their twilight, one of the most dramatic corporate battles of recent years involves one of our nations great newspapers, The Wall Street Journal. Rupert Murdoch, today's answer to Charles Foster Kane, had for years coveted a major, national paper, as a crown jewel to his media empire. When he realized it was unlikely he would ever get The New York Times, he set his sights on the Journal.He captured it and would begin to transform it based on his own unique vision. What really went on in that battle and what it says about Murdoch and the future of journalism and American newspapers is the backdrop for Sarah Ellison's book War at the Wall Street Journal: Inside the Struggle To Control an American Business Empire.
My conversation with Sarah Ellison: