Chisina.Com

When Rupert Murdoch bought up MySpace, everyone balked at the $580m price tag. But it’s turned out to be a smart move, putting the media mogul on the front foot in the new media game. So why did he then go and buy Dow Jones with its resolutely old media Wall Street Journal newspaper? After all, everyone knows thatnewspapers are a dying breed. Google and Yahoo have been eating up newspapers’ advertising revenue for years. Then there are all the free papers at hand on the train into work in the morning. Surely the paid for print newspaper is doomed?