The Wall Street Sun

So, the Wall Street Journal is now in the News International Empire.

Is this a sign of NI genius, or just more inevitable consolidation in the Print Media world?

At least the editorial independence is maintained, since:

Under the terms of this agreement, News Corporation will have the ability to hire and fire the top editors and publishers (a matter on which Murdoch would not budge); but a nominally independent five-person committee will have the right of veto on these decisions.

Quite...a similar thing didn't work in the UK, and it seems no one is fooled here either:

But one source, acting for the Bancrofts, admitted privately that the Dow independent panel was only a “fig leaf” to facilitate the sale and that over time Murdoch would get round it.

Despite being very worthy, the WSJ is a bit of a dry old stick, we look forward to its new Page 3's* in future...

Not to mention the new WSJ-fuelled additional areas in MySpace - bringing delinquent brutha's and banka's togetha.

*from its News International sister paper, The Sun - and apparently in the UK, most people do not see Page 3 as porn...