Dow Jones, the financial news and information company within News Corp. responsible for The Wall Street Journal, has created a new publishing unit, reports Joe Pompeo of Politico.
Pompeo writes, “Dow Jones Media Group will include existing brands like the magazine Barron’s and the websites Marketwatch and Mansion Global. It will also explore the launch of new products, ‘assume an increased role in video and will lead on collaboration projects with News Corp.,’ according to an internal memo from Dow Jones CEO Will Lewis.
“The Wall Street Journal will not be included in the media group, reflecting a move to provide ‘autonomy,’ as Lewis put it, for the other publications.
“Dow Jones Media Group will be headed up by Almar Latour, a high-ranking figure in the Journal newsroom who will leave his post as the paper’s executive editor.”
Read more here.