Media Blog

Chris Dodd on the WSJ Takeover

Senator Dodd:

“I am deeply troubled by the incredible amount of consolidation occurring across the American media landscape. The power of the media is swiftly being limited to a few controlling hands, which poses a serious threat to our democracy. The foundation of our democracy rests in our ability to hear from a diverse array of sources so that we can make informed decisions. The Wall Street Journal has provided a valuable and important news choice to the American public for years.
“With News Corp’s purchase of the newspaper, I am concerned that it will be very difficult for the Journal to offer fair and balanced reporting under the pressures of a giant-media conglomerate.”

Funny how I don’t remember Democrats lauding the WSJ when the Editorial page was skewering their ideas and policies. Now it’s a “valuable and important news choice.”

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