Rambler rarely weighs in on media matters anymore, but I'm pretty sure I can read Rupert Murdoch's mind regarding Jim Dolan and Cablevision's $70 million higher bid for Newsday.
You can have it, is what Rupe is thinking. If Mort Zuckerman of the Daily News makes that bid, Rupe crushes him. But Dolan? Please. Rupe knows that a) Dolan's a long shot and b) if Dolan does get it, he'll so badly mismanage it that Rupe can come back in two or three years and get the paper for half of what he's offering now.
In the meantime, Rupe can keep plenty busy undoing what Dow Jones built in The Wall Street Journal. Not that Rambler disagrees with everything Rupe is doing, but it is clear that Murdoch did not "covet" the WSJ. He coveted a national newspaper and that was the one he could buy.
But that's for another time.
2 comments:
don't you think his name should have been Rube? 'Rube Murdock Takes It All'. Rupe sounds like poop. Rube flows like a tube on the River Murdock.
correction: Rube 'floats' like a tube on the River Murdock.
I knew a kid named 'Skippy' Murdock. Skips like a stone on the River Murdock.
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