From an analysis in The Atlantic of Rupert Murdoch’s plans for the Wall Street Journal:

One of the first strong messages Journal reporters and editors received from their new owners was that Murdoch wants scoops. He wants his reporters out in front of every competitor on the planet. This means that, at a time when every big newspaper is tinkering with futuristic business models, Murdoch is doing so with both feet planted firmly in the past. His strategy for success in 2008 is to behave as though the year is 1908. So while his competitors retrench, Murdoch is going to war-by challenging The New York Times, in particular, to an old-fashioned newspaper battle. Except this time the stakes aren’t nickels in Times Square, but dominance in America, and the world.