Rupert Murdoch plans to install the editor of the Times - of London, not New York - Robert Thomson as publisher of the Wall Street Journal early next year, according to a report on MediaGuardian today:
"Rupert is being quite open about it," a senior US media executive told MediaGuardian. "If you ring him and ask him out to lunch he will tell you."
Who should this worry? Most obviously you might think the Financial Times, which has invested a lot of effort in building circulation in the US (overseen by Thomson when he was the FT's America editor). But if Murdoch wants to spread the WSJ's scope and make it more general, then it's probably more worrying for the likes of the Washington Post and New York Times.