Editor and Publisher reports that 170 people have canceled their subscriptions to the Wall Street Journal in protest over Rupert Murdoch’s acquisition, leaving a mere 1,689,130.* Bruce McQuain is skeptical of the news value of this story but, if the trend continues at this rate, the company will be bankrupt in a little over 27 years.
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*There’s an old joke about a fellow working at a museum who told visitors that a given dinosaur was 80,000,004 years old. Asked how he could give the date with such specificity, he explained, “Well, when I came to work four years ago, they told me it was 80 million years old . . . .”
