Michael Calderone

  • culture May 03, 2010

    War at the Wall Street Journal: Inside the Struggle to Control an American Business Empire by Sarah Ellison

    For Rupert Murdoch, buying the Wall Street Journal wasn’t just business; it was personal. That’s because with the Journal under his control, Murdoch could finally realize his dream of destroying the New York Times. Murdoch, who started his multibillion-dollar media empire with a couple of Australian papers, has long fought against what he’s pegged as the monolithic media establishment—a self-important, liberal elite, bred in the Ivy League and at top journalism schools on the coasts. And believing that inherited wealth can lead to complacency in business and in the newsroom, Murdoch has always