Econbrowser has an interesting post on media slant. It highlights a new study by University of Chicago professors Matthew Gentzkow and Jesse Shapiro that utilizes a new method of measuring media bias, where they analyze the congressional record for phrases preferred by members of each party. They then analyze the reporting by a number of newspapers, looking for the likelihood of using partisan phrases. The paper focuses on explaining slant, noting that paper slant reflects that of it's audience, and not of its owner. Perhaps the most interesting result though, is the magnitude highlighted by their methodology. Of the papers surveyed, only one, the Daily Oklahoman, showed a Republican bias. Neigher the WSJ nor the Washington leaned Republican by this measure.