If the phrase ‘jumped the shark’ hadn’t long ago done so itself, we might write that the news coverage of News Corp’s bid to buy Dow Jones jumped the shark this morning. The business news media is obsessed with the story—which just happens to be about the business news media. And sometime late last night and early this morning—to the sound of full-color print presses humming and newspaper delivery trucks idling—the coverage of the story really began to plumb the depths of its own navel.
This morning the New York Times delivered the news that—as the headline proclaimed—‘Wall St. Journal Editors Held News of Murdoch Bid.’ (Click here for Joe Weisenthal’s reaction in Opening Bell.) It’s a story that the Times editors viewed as important enough to run on the front page of the business section. So what we end up with is a story in a business section (the Times) about how a business news organization (the Journal) covered an acquisition about a business news organization (also the Journal). And now all the other business news organizations (CNBC, the wire services, DealBreaker) are reporting and commenting on that.
- 08 May 2007 at 11:57 AM
The New York Times Looks Inside The Wall Street Journal And Discovers A Neon Sign Proclaiming ‘Rupert Was Here’By John Carney
- 28 Aug 2014 at 8:00 AM
Football is back, and 1-week fantasy juggernaut DraftKings.com is offering a guaranteed $5,000,000 in prizes.
DraftKings has a special offer for Dealbreaker readers—make a first time deposit and get free entry into a $100,000 contest.
Or if you’re a high roller, you can pay $200 to compete for $1,000,000 in prizes in the NFL Sunday Million contest.
So what is 1-week fantasy? On DraftKings, it’s simple. You draft a new team every time you want to play. Choosing from the list of available players, you pick the best possible team under DraftKings’ allotted salary cap. Payouts are instant and completely secure, and DraftKings is 100% legal.
Click on any of the links in this article to claim your free entry into the DraftKings $100,000 Week 1 contest.
- The New York Times Looks Inside The Wall Street Journal And Discovers A Neon Sign Proclaiming 'Rupert Was Here' May 8, 2007
- Swiss Bankers Suddenly Bashful About Listing "Sparkling Water," "Hooker For Client" On Expense Reports August 29, 2014
- Every Second Of Jefferies CEO's Ice Bucket Challenge Is Better Than The Last August 27, 2014
- Kyle Bass Not Entirely Thrilled With Paul Singer At The Moment August 28, 2014
- Horror In The Hamptons: Rosé Shortage Edition August 27, 2014
- You Now Have Two Ways To Evaluate Mortgage-Backed Securities August 29, 2014
- If Chris Rokos Isn’t Allowed To Lose $383 Million At Brevan Howard, He Should Damn Well Be Allowed To Lose It Somewhere Else! August 27, 2014
- Get Ready To Hear "I'll Have My Assistant Make A Reservation At Denny's" A Lot More Often August 29, 2014
- Write-Offs: 08.29.14 August 29, 2014
- New Investment Vehicle Offers Promising Returns, High-Risk Of Saying "Screw It, I'm Drinking This" August 28, 2014
- Executive Editor
- Bess Levin
How Can We Help You?
- Send tips to:
- For tech issues email:
- For advertising or events email:
- For research or custom solutions email:
- Dealbreaker is published by Breaking Media.
For a full list of our sites, services and staff visit breakingmedia.com