Monday, April 26, 2010

Metro edition, or eating the Och's lunch

I'm fairly certain the high-end real estate, fashion and jewelry segments aren't hurting even these days, though they probably aren't looking to double their ad spend. And it would be a good thing if it meant more jobs for journalists. And he's not really competing with the lo-rent NY Post, so even though that newspaper has been a money-loser for Murdoch since he bought it, this probably won't make that situation worse. But it's hard to see this as not being largely motivated by wanting to hurt the Times. Financially, probably. Psychically, definitely.

But I am also guessing that Murdoch believes a NY Metro will give him even more political power in New York City.

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