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Revolving Door Newsletter: 05.23.08

Goodbye to the WSJ as We Know it

May 23, 2008
Due to Memorial Day weekend, the Revolving Door Newsletter is taking May 27 off. It will return Friday, May 30 with all the media insider news and analysis fit to print.

To no one's surprise except perhaps the Bancroft family, Rupert Murdoch's chief instrument at The Wall Street Journal, Robert Thomson, appointed himself managing editor this week. (The independent editorial board rubber stamped it.) Now the endgame begins -- an entire generation of masthead-climbing careerists can see their path to the top irreparably blocked, while Thomson begins to overhaul the paper's tone and focus in earnest. The media recession ...

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