News Corp. donated $2.5 mln to (Dow Jones) committee member

[Newsjock]

Source: Reuters

Dow Jones & Co. Inc. said on Thursday it did not know that one of the people named to protect its editorial independence after it becomes part of News Corp. runs a foundation that received $2.5 million in funding from Rupert Murdoch's global media conglomerate.

News Corp. selected Massachusetts Institute of Technology Professor Nicholas Negroponte to be part of the five-member special committee that will oversee the editorial independence of Dow Jones's news operations. The move was part of its $5.6 billion deal to buy the publisher of the Wall Street Journal.

... News Corp.'s donation now raises issues over Negroponte's objectivity, a journalism expert said.

"If in fact Nicholas' foundation is receiving money from News Corp., that creates the perception and, quite possibly, the reality of a conflict," said Louis Ureneck, chairman of the journalism department at Boston University.

... Asked if News Corp. saw any conflicts of interest in Negroponte's appointment, the company said no and defended his integrity.

Read more: http://www.reuters.com/article/marketsNews/idUKN0223284220070802?rpc=44&pageNumber=2&sp=true

[brentspeak]

1. Oh, yeah, sure....that $2.5 million just totally escaped their notice

:thumbsdown:

[C_U_L8R]

2. Looks like Nick prefers atoms over bits

especially green atoms

[Bonhomme Richard]

3. Is Nicholas Negroponte realated to the other Negroponte ?

That would explain a lot about the editorial pages of the Wall Street Journal.

[Judi Lynn]

5. You bet he is. I just looked it up after seeing your post:

{blockquote]Nicholas Negroponte (born 1943) is an architect and computer scientist best known as the founder and Chairman Emeritus of Massachusetts Institute of Technology's Media Lab. He is the younger brother of John Negroponte, current United States Deputy Secretary of State.http://en.wikipedia.org/wiki/Nicholas_Negroponte

[Bonhomme Richard]

8. It Figures.

One brother runs death squads with impunity and the other covers with fascist editorial content.
I get it.

[myrna minx]

19. Perfect bookends for this cancerous administration. n/t

[hannah]

10. Nicholas is a computer

scientist at Mit. Very Interesting, seeing we VOTE on computers.

[EnricoFermi]

7. Oh come on, that's just a coincidence

Like all the other coincidences we "liberals" and "conspiracy theorists" are chastised for.

Stop thinking like that!

[MidwestTransplant]

4. Why does News Corp get to pick the committee? That's a conflict right there.

[Demeter]

6. Let the Maggots Destroy Themselves---Who Cares?

When they are done feeding off the corpse they created, they can starve to death.

[RogueBandit]

9. Didn't know?

So, they let in just anybody who's willing to obfuscate the truth? Nice. Run the whole lot out there...fat chance but I had to say it.

[Blue_Tires]

11. lol

certainly DJ knows the ins and outs of how corporations are run and the cost of doing business...this denial is not unlike the sexually promiscuous saying they don't know where babies or STDs come from

[annabanana]

12. That's rich.

really tasty morsel
thanks

[annabanana]

13. can we get one more rec here?. . . n/t

[Judi Lynn]

16. Absolutely! I forgot earlier. Brain failure. Thanks for the reminder. n/t

[tanyev]

14. "editorial independence"

Isn't that quaint.

[autorank]

15. Reuters stands to clean up when Murdoch ruins DJ

Not the editorial page, which is a disaster. No on could make that worse.

The news operation, however, is quite good and people literally bank on the reliability of
the Journal. Now we have a sleaze bag pulling tricks on day 1 of the new company.

People will see this, people who rely on the truth and guess what, Reuters is there with
a full suite of financial publications, Bloomberg too.

This is Murdoch's final straw in the form of a giant log. Good riddance.

[WannaJumpMyScooter]

17. God .Negroponte?

Now it is official, this is a disaster.

He was a great cheerleader for dotcoms that had no real biz plans. He will do it again, take the money and run.

Good.

[Le Taz Hot]

18. Ah, the predator class was duped

by the king of the maggots. Cry me a river.