We should all be relieved that Rupert Murdoch has dropped his bid for New York daily Newsday, which means all he has left is the Wall Street Journal, the New York Post, and membership on the board of directors of The Associated Press.

—A. Serwer

Adam Serwer is a writing fellow at The American Prospect and a graduate of the Columbia University Graduate School of Journalism. He also blogs at Jack and Jill Politics and has written for The Village Voice, The Washington Post, The Root, and the Daily News. Follow @adamserwer