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How Rupert Murdoch May Save the News Biz

Stock quotes in this article: NWS , WPO , NYT  

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. ...

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