Liza Featherstone takes a look at working relationships and attitudes at the Wall Street Journal, since it was sold to Rupert Murdoch in 2007, for the Columbia Journalism Review.
“At the Journal’s offices in lower Manhattan, just about everyone is grateful that the new owner has deep pockets and is willing to invest in reporting – both rare commodities in the industry these days. Yet there are reasons to fear that in the midst of a global financial crisis, arguably the biggest test a business newspaper could face, with greater demand for high-quality journalism on finance and the economy than at anytime in decades, the Journal is abandoning values that have long distinguished it: a commitment to deep reporting and elegant writing.”