Rupert Murdoch: The Last Hope for Journalism? James Bennet and Mark Bowden discuss Rupert Murdoch's reign at The Wall Street Journal and reflect upon the past and future of the newspaper business
"Newspapers are in a sad way in America. Readership continues to fall. Advertisers are deserting them for newer forms of media. Revenues are plummeting, as the costs of printing and distribution mount catastrophically. ... In the eyes of many media experts, print journalism, that stubborn 15th-century technology, appears at long last to be on its deathbed.