Magazine article Editor & Publisher

'WSJ' Editor Declares Sale 'Won't Change What We Do'

Magazine article Editor & Publisher

'WSJ' Editor Declares Sale 'Won't Change What We Do'

Article excerpt

Marcus Brauchli, who took over as top editor at the Wall Street Journal recently, sent a memo to staffers this morning just before 7 a.m. reacting to the pending sale of the paper and the rest of the Dow Jones empire to Rupert Murdoch's News Corp. He said the current and future owners had given "formal assurances" that the newsroom will retain its "independence."

It opens: "Today's news that a decisive proportion of Bancroft family trusts will vote in favor of News Corp.'s proposed acquisition of Dow Jones begins a process that will affect us all, but won't change what we do in the newsroom.

"As journalists at Dow Jones and The Wall Street Journal, we have alwaysfocused on maintaining the high quality and integrity of our work,without regard to our ownership. We will continue to do so."

The rest of the memo by Brauchli, whose title is managing editor, follows.*

Our journalism defines the Journal. A change in ownership won't changeour understanding of what's important; our ability to compellinglyexplain the world, politics and business; or our commitment to reportingthat is accurate, honest and free of slant. …

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