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There is your conservative biased Fox Media conglomerate.
Yes I know there is a differnce between a news outlet and an entertainment outlet, although obviously many of his detractors do not thin Mr. Murdoch understands this distinction.
Mr. Murdoch is interested in making money. Ask yourself, would you shell out the couple hundred dollars a year it costs for a Wall Street Journal subscription if it ignored the facts and ran feel good peices about the economy and Republican leadership?
WSJ is a very valuable name, does anything about Mr. Murdoch's business practices make you think he would spend a great deal of money to purchase the name then move to devalue it?
Now, granted I am sure the WSJ brand will be bandied about on Fox News, Probably using the editorial board as comentators. But that brand name is worthless if the core business does not remain the pillar of financial news that it currently is.
Sure it's possible that Murdoch might run the business in the ground on principle, but I do not know of a case in his past that would suggest such behavior. And as I said before that problem solves itself.
Mr. Murdoch is all about giving the audience what it wants even if he himself dislikes it. The audience for the WSJ isn't the audience for Fox News, so I doubt there will be much attempt at cross over.
