The Old Media Declares War On New Media

Imagine if you are huge media conglomerate, say the one based in Australia, New Corp. You can see you revenue sources  drying up from some of your media outlets due to the internet and you are at your wits end to change the trend.  Lucky for you, you purchased the most respected business media outlet in the world and It’s fairly easy for you to weaponize that advantage so long a s you don’t really care about your outlet’s credibility.  Apparently New Corp. is willing to sacrifice the Wall St Journal’s credibility on the altar of having to keep a dying business model on life support.

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