(Reuters) - Hoyt said today's New York Times is caught in unprecedented
changes in an industry where readers are flocking to the Internet
and advertising revenue is tumbling for print editions across the
country. The Bancroft family, owners of Wall Street Journal
publisher Dow Jones & Co. Inc. , likely will sell to
Murdoch, even though some members think he'll bring his tabloid
heart to the pages of the financial news icon.
Hoyt said the Times has covered the Bancroft-Murdoch saga
aggressively.
Read more at Reuters.com Mergers News
changes in an industry where readers are flocking to the Internet
and advertising revenue is tumbling for print editions across the
country. The Bancroft family, owners of Wall Street Journal
publisher Dow Jones & Co. Inc. , likely will sell to
Murdoch, even though some members think he'll bring his tabloid
heart to the pages of the financial news icon.
Hoyt said the Times has covered the Bancroft-Murdoch saga
aggressively.
Read more at Reuters.com Mergers News
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