Oh My God
Good ole Rupert has done it again, this time aquiring Beliefnet, a staggeringly strong Christian network, but from everything I've seen, rather moderate and unfundamentalist. On the other hand, there is WAY too much media power being concentrated in one hand. That by itself would not be cause for concern, but for a man that worships the almighty dollar, I can't see this ending very well for anyone invloved, least of all us poor consumers.
http://www.thestreet.com/_yahoo/newsanal ysis/media/10392835.html?cm_ven=YAHOO&cm _cat=FREE&cm_ite=NA
http://www.thestreet.com/_yahoo/newsanal