In his first detailed comments since his acquisition of the Wall Street Journal, media tycoon Rupert Murdoch “complained that his victorious three-month battle to buy the Wall Street Journal involved fending off criticism bearing a degree of vitriol usually reserved for “genocidal tyrants.’”
“The Wall Street Journal is the greatest newspaper in America and one of the greatest in the world,” said Mr Murdoch, insisting that he would be hiring - rather than firing - staff. The paper had “tremendous” journalists and a valuable brand. “That’s why we put such a premium on it and why I spent the better part of the last three months enduring criticism normally levelled at a genocidal tyrant.”
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