Fitzpatrick - Murdoch gets “IT”

David Fitzpatrick of Fortune writes a compelling (some might say Slatian*) argument for why Rupert Murdoch will make the WSJ better.

Murdoch is the...

David Fitzpatrick of Fortune writes a compelling (some might say Slatian*) argument for why Rupert Murdoch will make the WSJ better.
Murdoch is the one major media company CEO who has shown that he not only can spout rhetoric about the Net's importance but will take the risks and spend the money necessary to seize the new opportunities. He's already been augmenting MySpace, for example, recently buying Photobucket for a reported $250 million.

* Slatian - A commentary that follows a deluge of unified opinion about a particular issue that argues the other side. See contrarian.

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