The biggest media story of 2007 - in fact, the only real media story of 2007 - was the changes being inflicted on the media by the Internet. Every other story was an offshoot of this fundamental dynamic.
Rupert Murdoch fulfilled a lifelong dream of his by buying up Dow Jones and its real prize, The Wall Street Journal. Rumors are swirling that he will make WSJ.com, the only really successful paid newspaper Web site, free for all, illustrating the increasingly ...