Statement from Steven Yount, president, Independent Association of Publishers’ Employees, which represents business journalists at The Wall Street Journal, Barron’s, Marketwatch and Dow Jones Newswires.
“While we understand the Bancroft family may have an obligation to hear out potential opportunities, we urge them to stand firm and maintain their principled stand to maintain the integrity of The Wall Street Journal and all Dow Jones publications. We don’t believe the promises Mr. Murdoch has made can be trusted. Dow Jones must remain an independent company if it is to prosper both as business and a journalistic enterprise. As the organization that represents over 2,000 Dow Jones employees, IAPE will do everything in its power to make sure that Dow Jones remains the independent, trusted source of information that has made it a success for over a century.”
