If you're a regular reader of the Wall Street Journal, you may be confused by all the fuss (could it be because Murdoch OWNS the WSJ?). To follow the breakneck pace of the Murdoch-empire-unraveling, read . If you haven't been following this stuff, prepare for a bit of a shock.
I have little sympathy for the Murdoch mob. They helped dumb-down the US media by creating absurd-entertainment-networks like Fox "News" where the news presenters speak "folksy" incorrect English, providing role models for subliterates. Freedom of expression--whether one agrees or not--is a good thing, but the Fox on-air presenters are sloppy at best and at worst, throw out a largely incoherent stew of straw-man arguments and other wrongheaded twaddle.