Rupert Murdoch aims to purchase The New York Times

In 2007 Murdoch bought another large newspaper in the USA – The Wall Street Journal. According to Wolff, he is palnning to have both the most authoritative editions.
The New York Times is the largest national newspaper of the USA. Its curculation is over a million copies. Financial situation of the American newspaper is not a good one at present. The edition profit got down to 82 % as prove the results of the second quarter of 2008. That happened because of sudden getting down of profits from advertising in printed version of the edition.
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