Rupert Murdoch, who is set to complete his $5 billion takeover of Wall Street Journal publisher Dow Jones, says he wants to move the newspaper beyond its financial core and target mainstream competitors such as the New York Times.
Speaking at a conference in San Francisco on Wednesday night, the News Corp. chief said: “We have a lot of plans and a lot of ideas that need to be refined. But I want to improve it in every way – in what it does now in finance to start with, but I also want to add more national and international news…
“I want to add major coverage of the arts, fashion and culture.”
When asked if he was aiming to kill the New York Times, he replied: “That would be nice.”
He also said he had progressive plans for the Fox Business Network, a TV channel for businesses that launched this week, The Guardian reported. He attacked competitors such as CNBC as “half dead.”
© Newsmax. All rights reserved.