Revolving Door Newsletter: 12.07.07
Rupe Street Journal Arrives
December 7, 2007
Zero-hour is fast approaching for Rupert Murdoch
's takeover of Dow Jones and The Wall Street Journal
. The first dominoes have already begun falling: CEO Richard Zannino resigned
with a $19 million payday for handing Rupert the keys, and he will be replaced by a new executive team headed by News Corp. executive Leslie Hinton
and Times of London
editor Robert Thomson
. The former will run Dow Jones while the latter will replace Gordon Crovitz
as publisher of the paper. CFO Bill Plummer
is also expected to leave as a News Corp. crew begins swarming the paper. Expect the next ...
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