Yes, says Variety. And The New York Times. And your little dog, too!
[D]oes Murdoch want to follow News Corp.’s $5 billion buyout of Dow Jones by gobbling up the struggling New York Times Co.?
The answer appears to be yes, as impossible as present economic conditions make it for most deals of any kind to get done.
What’s more, incredulous News Corp. insiders say Murdoch’s love of print media is so fervent that he’s also been talking about a play for the Los Angeles Times, which could make easier prey for several reasons.
All hail Rupert Murdoch’s love for print media!
Allahpundit calls it too good to check, and indeed, a staunch conservative could pass hours daydreaming about snarky responses to liberals upset about the L.A. Times‘s conservative bias. “Stop whining.” “Why can’t liberals produce a paper that sells?” All the unfair and stupid arguments they have made for years, thrown back in their faces!
All I ever really wanted was a paper that was fair, and reported the facts — straight down the middle, without distortions and misrepresentations.
But if I can’t have that, a Los Angeles Times owned by Rupert Murdoch would be an improvement over what we have now.