Shafer: Murdoch-Owned WSJ Will Have To Run "Humongous Boilerplate" Disclosures

Slate:

Nobody in journalism plays it straighter than the Wall Street Journal.

Whenever the newspaper publishes a story about CNBC, for example, its stylebook dictates that the writers disclose the business relationship its parent company--Dow Jones & Co.--has with the channel (it provides CNBC with news content). Similar language appears in stories about Hearst Corp., which publishes SmartMoney in a co-venture with Dow Jones.

And whenever the Journal reports on itself or on Dow Jones, a gigantic boilerplate sentence descends by story's end to describe the company's profile.

Read the whole story: Slate