Murdoch: WSJ to launch New York section in April
News Corp.'s Wall Street Journal will have a new section focusing
on New York area news in April, Chairman and Chief Executive
Officer Rupert Murdoch said in a speech before the Real Estate Board of New
York, Bloomberg
reported.
The move is aimed to compete against The New York Times on local readers and major advertisers, according to paidContent. Even though Murdoch did not mention by name, he said "a certain other New York daily has essentially stopped covering the city the way it once did and instead has focused on being more of a national newspaper interested mostly in prizes."
"I can tell you that the new section will be full-colour and it will be feisty, and will cover state and local political news, business, culture, sports and real estate," he added.
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