How Rupert Murdoch May Save the News Biz

It's time to stop complaining about Rupert Murdoch and his vast News Corp.(NWS Quote) empire and start embracing what he really stands for: Vigorous competition.

Murdoch is enlivening a business in much need of a shakeup.

Whatever you say about him -- and there's plenty to say -- the truth is that he's exactly what the American newspaper needs right now.

The newspaper business is suffering now from a lack of internal competition. It shouldn't be a surprise that the quality of product has declined, and that as a consequence, readers have fled. ...