This is a tale about big business, an imploding dynasty, a mogul
at war, and a deal that sums up an era of change. The main
character, rocked by feuding factions and those who would remake
it, is the "Wall Street Journal," which affects the thoughts,
votes, and stocks of two million readers daily. Sarah Ellison,
while at the "Journal," won praise for covering the $5 billion
acquisition that transformed the pride of Dow Jones and the
estimable but eccentric Bancroft family into the jewel of Rupert
Murdoch's kingdom. Here she expands her work, using her knowledge
of the paper and its people to go deep inside the landmark
transaction, as no outsider has or can, and also far beyond it,
into the rocky transition when Murdoch's crew tussled with old
"Journal" hands and geared up for battle with the "New York Times."
With access to all the players, Ellison moves from newsrooms (where
editors duel) to estates (where the Bancrofts go at it like the
Ewings). She shows Murdoch, finally, for who he is--maneuvering,
firing, undoing all that the Bancrofts had protected.
Here is a superlative account of a deal with reverberations
beyond the news, told with the storytelling savvy that transforms
big stories into timeless chronicles of American life and
power.
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