Murdoch's high profile purchase of the august WSJ was controversial enough to provoke a revelatory book warning Americans of what this would mean for their democracy.
The classic Murdoch playbook can be seen here: a fiercely right-wing editor brutally teaching journalists what to self-censor and what tone to take by routinely spiking or editing stories critical of Trump or Murdoch's business empire, or not being critical enough of Trump's political or Murdoch's media rivals.
There are claims that Murdoch and Trump, whose election Fox News played a large role in, speak every day. Murdoch has had British PMs kow-towing to his rabidly right-wing agenda since 1979, and now it seems he may finally have reached the top step in US political influence too.
Ownership of the press is not usually raised whenever the press becomes the story, as it did over phone hacking, but as Curran and Seaton argued in Power Without Responsibility, looking back at the 1800s legal reforms that squashed a thriving radical press and the very explicit statements made in parliamentary debate around seeking to encourage "the right sort of people" (the rich) as press owners, it is a central issue in press regulation and the very, very weak nature of this. Chomsky and Herman also recognised this, listing it as one of the five filters in their propaganda model.
The Wall Street Journal's Trump problem https://www.theguardian.com/media/2017/sep/10/the-wall-street-journals-trump-problem?CMP=Share_AndroidApp_Blogger