Refreshing reign of conservatism By Frank Devine
RUPERT Murdoch's successful bid for ownership of The Wall Street Journal is good news in several respects.
It is cheering to see the gigantic Aussie battler achieve another ambition. He is our first compleat tycoon. Despite his American citizenship, his native accent lingers and, we might flatter ourselves, so do strong remnants of the Australian style for getting things done.
It's also good to have somebody who knows newspapers showing interest - a $US5 billion interest - in one, as investors and long-term newspaper owners flee an industry under financial stress as readers and advertisers migrate to the internet.
The newspaper format remains the best collective method of gathering and analysing news. Newspaper content electronically delivered is our strongest defence against
the online babble of bloggers, propagandists and hucksters.
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