It’s doubtful that Murdoch has a grand plan for WSJ, but…

New York Times
It’s safe to say that Rupert Murdoch will do whatever is needed to lure both readers and advertising away from the New York Times and the Financial Times, says Richard Siklos. Murdoch will probably aggressively undercut advertising and invest heavily in editorial content — particularly in Washington and international news. He’ll absorb losses at first to win the longer-term war.
> NYT has “a number of things in the works” to stay competitive (WP)

> Journalists should fear Murdoch’s business model, not his politics (GN)

> Copy editor Walker quits, says “I don’t want to work for the man” (NYDN)

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