You gotta love Rupert, says Pearson’s Scardino
For better or worse, Rupert Murdoch has made big changes to the look and feel of The Wall Street Journal. But whatever your take, it’s hard to dislike a man who loves newspapers so much, says Marjorie Scardino, CEO of Financial Times owner Pearson.
“He’s made a lot of changes,” Scardino told journalists on the day Pearson reported forecast-beating results, choosing her words carefully, but adding that the idea that editorial independence would be preserved at the Journal “didn’t last very long.”
Scardino said she didn’t envy the Journal its circulation of 2 million, about four times that of the FT, saying the FT was a “niche newspaper” with a lower cost base. She did, however, praise the journal’s managing editor, Robert Thomson, who just happens to be a former editor of the FT’s U.S. edition. Her verdict on Murdoch? “He loves newspapers. It’s hard to dislike a man for that.”
You can read a 2007 interview with Murdoch by WSJ journalists on the subject of editorial independence here.