Farewell, my lovely

Paul Steiger, the retiring Editor of the Wall Street Journal, has written an interesting valedictory piece — a retrospective view of what’s happened to print journalism during his distinguished career.

On Thursday I’ll pack my last box and take leave of a place where I’ve spent 26 of my 41 years in journalism, including 16 as managing editor of the Journal. (The other 15 years, 1968 to 1983, I was a reporter and then business editor at the Los Angeles Times.) Today, all around me is an industry in upheaval, with slumping revenues and stocks, layoffs, and takeovers of publishers that a decade ago seemed impregnable. Just this month, Rupert Murdoch’s News Corp. completed its acquisition of Dow Jones & Co., the Journal’s publisher, and real-estate magnate Sam Zell gained effective control of Tribune Co…