Murdoch appears frustrated with progress of Dow Jones talks
The Associated Press is reporting that News Corp. CEO Rupert Murdoch is becoming frustrating with the lack of progress in talks to acquire Dow Jones & Co., the parent of The Wall Street Journal. An AP reporter caught up with Murdoch at the Sun Valley media conference in Idaho. The AP story stated, “Murdoch has […]
Economist launches audio version of magazine
Katie Allen of The Guardian Unlimited newspaper in London writes that The Economist has started an audio version of its magazine to meet the needs of subscribers with no time to read. Allen wrote, “The weekly said it was the first leading international publication to offer a full audio edition. From this week listeners will […]
Talk of Denver Post combining biz and metro sections
Michael Roberts of Westword, an alternative newspaper in Denver, writes Wednesday that Denver Post editor Greg Moore has held discussions about combining the paper’s business section with its metro section. If that happens, the Post would join other papers such as the Indianapolis Star, Columbus Dispatch, the Reno Gazette-Journal, the Cincinnati Enquirer and the Akron Beacon-Journal […]
A biz writer in Sun Valley wearing shorts
David Carr of The New York Times business desk writes on the Dealbook blog what it’s like to be a business journalist trying to cover the exclusive Sun Valley media conference going on this week. Carr wrote, “I am on site, banished to condos of Sun Valley where there is not a wisp of action. […]
Fox Biz Network to launch Oct. 15
Fox Business Network will launch on Oct. 15, 2007, according to an announcement Wednesday by Neil Cavuto, Fox News senior vice president and managing editor of business news. The network currently has 30 million subscribers under contract after securing distribution agreements with major cable operators in top markets around the country, including New York, where it […]
Black Enterprise unveils new web site
Black Enterprise magazine unveiled a redesigned website on Wednesday that includes original interactive content pertaining to small business, wealth building, careers and homeownership. The site also has enhanced search capabilities for all the magazine’s lists, including a current and historical archive of the BE 100s, the top-grossing black-owned businesses in the nation, the Top 50 Colleges for […]
Why a Dow Jones purchase may not pay off for News Corp.
Eric Savitz of Barron’s writes on his Tech Trader Daily blog that Bear Stearns analyst Spencer Wang has crunched some numbers and concluded that a News Corp. purchase of Dow Jones & Co., the parent of The Wall Street Journal and Barron’s, may not work financially for the acquirer. Savitz wrote, “Next, he looks at […]
San Jose names new AME for biz news
Rebecca Salner, who has been at the San Jose Mercury News for the past 25 years, has been named the paper’s assistant managing editor for business news, according to a short story in Wednesday’s paper. The item said, “Salner, 47, has been assistant managing editor for investigative projects for the past three years. “A journalism […]
Investors may just buy out Bancrofts who want to sell
Richard Perez-Pena of The New York Times writes for Wednesday’s newspaper that the two investors, Brad Greenspan and Ron Burkle, who meet with members of Dow Jones & Co.’s board on Tuesday may just offer to purchase the shares of the Bancroft family members who want to sell out. Perez-Pena wrote, “The two men are […]
Burkle, Greenspan meet with Dow Jones board, fail to impress Kann
Sarah Ellison of The Wall Street Journal writes that Brad Greenspan and Ron Burkle both met with board members of Dow Jones & Co. on Tuesday to discuss alternative bids to the $5 billion offer from News Corp. Ellison noted that former Dow Jones CEO Peter Kann, a former reporter at The Journal, expressed concern […]
