Rupert Murdoch continued the expansion of his media empire today by acquiring a little-known news website, TheSpoof.com. Murdoch then traded The Spoof to members of the Bancroft family, conditioned on their support for his takeover of the Wall Street Journal, as well as his choice of fonts for the paper.
Terms of Murdoch's Spoof acquisition were not disclosed, though reliable sources indicate he paid a pretty penny. If correct, the Lowton family sold for one pence, plus a lifetime supply of mustache grooming products. Apparently the burdens on the editor were too much, who has been heard saying that his job is like "less pleasant than herding cats." The Lowtons were also experiencing serious cash flow problems, facing increasing demands from writers and having to pay heavily for mustache-related expenses.
The Spoof is a satirical news website that bridges the gap between futuristic Web 2.0 sites and the original Web 1.0 world, with a touch of medieval torture chambers added in for good measure.