Romenesko

Wall Street Journal
Rupert Murdoch's hands-on style -- changing headlines, calling in news tips, and checking layouts -- differs markedly from the traditions of the Bancroft family, note Martin Peers and Aaron O. Patrick. They write: "How Mr. Murdoch might change the culture of the Journal is likely to be an issue as Dow Jones and the Bancrofts consider his bid." Former Sunday Times editor Andrew Neil says Murdoch would likely make changes to the Wall Street Journal if his bid was successful. "I think he would want the news to be informed by the editorial agenda."
> Murdoch said to take a less active role now in day-to-day coverage (NYT)
> Murdoch has wiggle room since board didn't reject offer outright (NYT)
> Might Murdoch's only way of winning be to divide and conquer? (WSJ)
> Murdoch's job now is to find sympathetic, persuadable Bancrofts (BW)
> Lawyer Elefante is Bancroft clan's most powerful representative (WSJ)
> News exec: "It sounds like they're positioning themselves" for a sale (LAT)
> Big paydays for Dow Jones, WSJ execs if Murdoch deal is done (NYT)
> Heavy options activity stirs suspicions of leak of Murdoch's offer (NYT)
> Fortune editor predicts Murdoch will eventually get DJ (Fortune)
> Ex-WSJ newsman with 800 shares understands Bancrofts' dilemma (CFO)