This is a tale about big business, an imploding dynasty, a mogul at war, and a deal that sums up an era of change. The main character, rocked by feuding factions and those who would remake it, is theWall Street Journal, which affects the thoughts, votes, and stocks of two million readers daily. Sarah Ellison, while at theJournal, won praise for covering the $5 billion acquisition that transformed the pride of Dow Jones and the estimable but eccentric Bancroft family into the jewel of Rupert Murdoch's kingdom. Here she expands her work, using her knowledge of the paper and its people to go deep inside the landmark transaction, as no outsider has or can, and also far beyond it, into the rocky transition when Murdoch's crew tussled with oldJournalhands and geared up for battle with theNew York Times. With access to all the players, Ellison moves from newsrooms (where editors duel) to estates (where the Bancrofts go at it like the Ewings). She shows Murdoch, finally, for who he is--maneuvering, firing, undoing all that the Bancrofts had protected.Here is a superlative account of a deal with reverberations beyond the news, told with the storytelling savvy that transforms big stories into timeless chronicles of American life and power.
Amazon Exclusive: William D. Cohan ReviewsWar at the Wall Street Journal
William D. Cohan is an online columnist for theNew York Times, appears on NPR, CNN, Bloomberg TV, CNBC, and is a frequent contributor toVanity ...