The Wall Street Journal, which often covers
billionaires in its news pages, has a particular interest in them these days.
Last month it became public that media magnate Rupert Murdoch has offered $5
billion to buy the Journal and its parent, Dow Jones and Company. Journal
employees are so worried about what Murdoch might do to its editorial
independence that their union has begun writing letters to a select group of
billionaires, asking whether they might be interested in a newspaper for sale. Columnist Tim Rutten writes on the media for the Los Angeles Times.
KCRW
