I know this is an "old story" as it broke early this week but I love it. I was out with Tom Foremski, my favorite blogger, at the Salt House in SF. We couldn't stop talking about the disruptive forces in this new age especially in media. How often does an small town Australian newspaperman take over the most important business journal and website in the world? More importantly, Rupert Murdoch has a vast amount of ways to leverage the content from the Wall Street Journal - the TV, Satellite, Movies, Print newspapers and the Internet. This is truly "global media". I am not a big fan of Fox but this guys have vision and I wouldn't want to be on the wrong end of that collision. I wish them luck as this move should make everyone stand up and take notice.
Check out Turbo's post: http://www-03.ibm.com/developerworks/blogs/page/Turbo?entry=my_wall_street_journal_news