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Rupert Murdoch, the media tycoon and man behind successes like Fox News, has a lengthy shopping list to build up the News Corp arsenal.  According to an article on FT.com recently, Rupert Murdoch's growth plans go much deeper then the imminent purchase of Dow Jones. 

Speculation related to his shopping list includes:

• Dow Jones and the Wall Street Journal: check - almost ($5 billion offer)
• MySpace: check ($580 million)
• Deal with Google: check ($900 million)
• Yahoo! partnership: maybe (a MySpace swap for a 25% stake in Yahoo!)
• Facebook: possibly (if MySpace and Yahoo! merged)
• Quepasa: potential target
• Valueclick: potential target

Rupert Murdoch and News Corp's holdings are growing at a fast and furious rate.  Click here to see a list of current holdings. 

Rupert Murdoch has long been known as a man whose political and personal interests have a great influence on his business ventures.  The content on Fox News and changes implemented at the New York Post since Rupert Murdoch got involved are evidence of that influence. 

So the question is how will Rupert Murdoch's purchase of Dow Jones affect the Wall Street Journal?  Will the newspaper considered to be the most factual left on the market today change to reflect Rupert Murdoch's political, personal and business influences?  Taking a step back, I wonder if Rupert Murdoch's global media and information reach is getting too wide for comfort?  What do you think?

For more information about Rupert Murdoch and his latest business ventures, read this article from the New York Times.

Read more about this topic from other members of the Know More Media business blog network:

Rupert Murdoch Retains Power to Hire and Fire at Wall Street Journal