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Media mogul Bloomberg eyes Wall Street Journal or Washington Post acquisition

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Michael Bloomberg has expressed the desire to own a big-name newspaper but so far has not reached out to Rupert Murdoch to discuss a possible acquisition of Dow Jones and its flagship publication the Wall Street Journal, sources familiar with the matter told Reuters.

Sources told Reuters no approach has been made, and a spokesperson for the Washington Post said it is not for sale.

Such a merger would create a financial data and news giant, strengthening the world's 12th-richest man's grip on the industry while drawing scrutiny from antitrust regulators. Bloomberg L.P. and Dow Jones did not immediately respond to Reuters' requests for comment. Michael Bloomberg and Bezos did not immediately respond to requests for comment, and a spokesman for Rupert Murdoch declined to comment.

Antitrust experts agreed that the merger of Bloomberg and Dow Jones’ business news divisions would drive significant scrutiny from U.S. regulators, especially as the Biden administration has taken a more muscular approach to enforcing antitrust laws.Former mayor of New York Michael Bloomberg speaks with participants prior to a meeting with Earthshot prize winners and finalists at the Glasgow Science Center during the UN Climate Change Conference in Glasgow, Scotland, Britain, November 2, 2021.

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Buy fox channels

Billionaires want to control the narrative.

Cleaning the soil of Murdoch off of the WSJ could take some doing,

They never get satisfied

didn’t bezos already buy the WaPo?

Here we go again, another billionaire taking over a media platform. AHHHHHHHHHHH! Start the smear campaign!

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