Bancroft member leaves Atlantic City broke!!!
The Spoof, a satirical news web site based out of England, is reporting that Corky Bancroft, a relatively unknown member of the Bancroft family that recently agreed to sell The Wall Street Journal to News Corp. CEO Rupert Murdoch, has squandered his cut of the deal already at a casino. The Spoof wrote, ” After […]
Assessing the Ups and Downs at WSJ
New York magazine has updated its guide to who’s up and whose down at The Wall Street Journal now that News Corp. CEO Rupert Murdoch has gotten approval to purchase its parent company, Dow Jones & Co. Up Paul Steiger, former managing editor and now editor-at-large. He’s apparently been approached about being a member of […]
Bancrofts offer lesson to other family businesses
Chris Lester, the business editor of the Kansas City Star, writes that the way the Bancroft family struggled in recent months with the realization that they had not paid attention to the changes in the media world affecting The Wall Street Journal should be a lesson to others. Lester wrote, “The Journal remains the gold […]
Financial analysis of online business news sites
Rafat Ali of PaidContent.org has a nice synopsis of a recent research report by Lehman Brothers analyst Doug Anmuth, who breaks down the revenue from the major players in the online business news category as News Corp. CEO Rupert Murdoch decides what to do with WSJ.com. Anmuth believes that the three big players — AOL […]
Tepid statement from WSJ publisher?
Simon Dumenco from Advertising Age responses to fictitious questions from readers in his latest column, and one of the questions concerns the statement last week from Wall Street Journal publisher Gordon Crovitz after it was announced the paper had been sold to News Corp. CEO Rupert Murdoch. Here is the question, and the answer: It […]
Praising WSJ coverage of sale of Dow Jones
Steve Coll of The New Yorker writes in the latest issue about the strong coverage in The Wall Street Journal about the sale of its parent company, Dow Jones & Co. Coll wrote, “When there’s big news, the main story on the Wall Street Journal’s front page usually starts with a short, ringing sentence, such […]
Benign neglect among the Bancrofts
New York Times business columnist Joe Nocera writes Saturday about the “benign neglect” among the Bancroft family members that led them to sell Dow Jones & Co., the parent of The Wall Street Journal, to News Corp. Nocera wrote, “Watching the family flail these past few months, one couldn’t help agreeing with Ms. Chelberg’s assessment: […]
Forbes needs a geography lesson
Jonathan Berr of BloggingStocks.com notes that a recent Forbes article mentions two cities in the United States that don’t exist. Berr wrote, “Though I hate to spoil today’s company holiday at Forbes, there is a bigger issue at stake here. In today’s age of instant communication, readers need to be more skeptical now than they […]
Barron's writer needs to stop with Microsoft story
TheStreet.com’s Marek Fuchs wants to know why Barron’s writer Eric Savitz has written the same Microsoft story about the company still being a growth stock three times in the past three years. Fuchs wrote, “The Business Press Maven has a couple of concerns here. These articles appear written from the same template, without enough new […]
Jeff Poor of the Business & Media Institute writes that the business media has all but ignored the fact that the Dow Jones Industrial Average broke the 14,000 mark for the first time earlier this week. Poor wrote, “Katie Couric briefly mentioned it on the CBS ‘Evening News,’ and ABC ‘World News’ ignored it on […]
