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Murdoch: Bad for Journalism, Bad for Democracy Today's news that the Bancroft family has agreed to News Corp.'s $5 billion dollar buyout offer for Dow Jones, is a powerful reminder of how media consolidation is constantly eroding the foundational structures of our democracy. America's founders understood that a truly free press -- enlivened by diverse perspectives and beholden to the public interest -- is the keystone to a flourishing democracy. With the purchase of the Dow Jones Co.

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Murdoch: Bad for Journalism, Bad for Democracy

Today's news that the Bancroft family has agreed to News Corp.'s $5 billion dollar buyout offer for Dow Jones, is a powerful reminder of how media consolidation is constantly eroding the foundational structures of our democracy. America's founders understood that a truly free press -- enlivened by diverse perspectives and beholden to the public interest -- is the keystone to a flourishing democracy. With the purchase of the Dow Jones Co.