http://media.guardian.co.uk/presspublishing/story/0,,2186259,00.html

RUPERT MURDOCH MAKES MARK ON WALL STREET JOURNAL

Rupert Murdoch has not yet completely taken over Wall Street Journal, but he has taken full control and authority over the financial newspaper section. He also intends to takeover Dow Jones . Rupert Murdoch already owns alot of the media and if he completes this takeover of Wall Street Journal and Dow Jones he will undoubtedly heighten his position of superiority. Dow Jones is well known as one of the companies in the U.S which people buy alot of shares for. If Rupert Murdoch can take control of this part of the market also, he can really dominate his power further. As he already owns Sky, alot of his viewpoints and ideologies maybe portrayed through some of the programs he decides to put on. The way Rupert Murdoch is currently dominating alot of markets, can lead many to believe that eventually he could potentially own all popular aspects of many markets and can lead the way to a hegemonic society.