Done deal. This must terrify the NY Times.

This greatly enhances their media position in the entire world.


I wonder what Fox is going to do. Some ideas that have been discussed on the morning shows today include:

1) Use the WSJ's regional printing facilities to go national with the NY Post (and compete with the national NY Times) , which is one of the few newspapers that has actually increased it's circulation the past few years.

2) Expand the already highly respected WSJ news desk, expand the Journal's hard news coverage, and directly challenge the NY Times as the "paper of record".

3) Aggresively promote the WSJ/DOW JOnes connection to make the launch of the FOX BUsiness Channel a formidable competitor from the get go.