Under Murdoch, Wall Street Journal has de-emphasized business news
Project for Excellence in Journalism
The Project for Excellence in Journalism has looked at the front pages of The Wall Street Journal and The New York Times over the past four years to see if the Journal has changed since 2007, when Rupert Murdoch bought the paper. "Under the Australian-born media magnate, coverage has clearly moved away from what had been the paper’s core mission under previous ownership—covering business and corporate America," PEJ says in the report. Front-page coverage of business issues is down about one-third. Due to shifts in coverage at both papers, the Journal used to devote four times as much of its front pages to business and economics coverage as The New York Times did; that ratio is now about 2:1. "When it comes to the quantity of coverage of major topics, the evidence suggests that the Times and the Journal have indeed become more competitive since Murdoch bought the paper."