Bancroft Family: Take the $ and Journalism Be Damned

While we know there are so reasons why the majority of the Bancroft family would agree to a takeover by Murdoch (the share price premium, it’s the market at work, etc.), the truth is that they have now stained the family name and legacy. Whenever the name Bancroft is mentioned, it will evoke already well-to-do individuals who have abandoned the public trust for narrow private gain.

Our thoughts are with the dedicated and serious journalism minded employees of Dow Jones. There’s life after Rupert–but it won’t be at the Wall Street Journal.

Author: jeff

Jeff Chester is executive director of the Center for Digital Democracy. A former journalist and filmmaker, Jeff's book on U.S. electronic media politics, entitled "Digital Destiny: New Media and the Future of Democracy" was published by The New Press in January 2007. He is now working on a new book about interactive advertising and the public interest.

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