Foreign ownership of US media growing
Don't know if many of you are aware that much of the US media, is not owned by US corporations. CMP Media, is London based (EE Times, Information Week, etc). Reed Elsevier (EDN, Design News, etc.) is London based. And this just in... Dow Jones & Co. and News Corp. have agreed in principle on a set of editorial protections for Dow Jones, according to people familiar with the matter. The two sides finalized the last points on the agreement this morning, these people said. The accord paves the way for the sale of the publisher of The Wall Street Journal to Rupert Murdoch's media conglomerate for about $5 billion.