Research Note: Economies of Simulation
I've felt awful about Murdoch's impending purchase of the WSJ, but have been struggling with a perspective on it that explains why it's such a bad idea, from the view of the wider market. By focusing on the whole set of stakeholders, this blog entry explains exactly where the value Murdoch is after comes from. Hopefully, the Journal's impending downfall will result in someone else coming in at a reasonable quality point to grab the top of the market.
Aug 3, 2007 in Biz, Blogsturbation | Comment (1)
Jack Shafer suggested that the FT should snap up the top WSJ reporters, who will be unhappy with the interference Murdoch will certainly engage in.