Big day at Fox Business Network
It’s getting competitive between CNBC and Fox Business Network. With the stock market diving Tuesday, Dagen McDowell of Fox Business was first to report the breaking news that Fed Chief Ben Bernanke would testify to a Senate panel next Thursday, ahead of his scheduled semi-annual testimony on Feb. 27 and 28. McDowell broke the news three minutes […]
Denver Post biz columnist's comments about cutting standalone biz section
Oregon paper changes stock listings
The Eugene Register-Guard in Oregon is changing the stock listings in its business section, adding the AP’s “Money & Markets” package in exchange for traditional stock listings. Business editor Ilene Aleshire wrote, “The change also will allow us to provide more business coverage during the week, with more space devoted to stories of local interest. […]
Former Dow Jones board member settles with SEC
A former Dow Jones & Co. board member and three others will pay $24 million to settle charges of trading on inside information about an unsolicited $5 billion buyout offer from News Corp. that sent Dow Jones shares up sharply last year, according to a Journal story. Judith Burns wrote, “Bank of East Asia Chairman and […]
WSJ names new VP of marketing
The Wall Street Journal named Andrew Sippel vice president of marketing and business development for the Journal franchise, effective Feb. 25. Sippel, 43, will be responsible for continuing to drive consumer awareness of the Journal brand through marketing and advertising initiatives. In this role, he will support print and online ad sales, develop breakthrough programs […]
What if papers cut sports sections instead of biz sections?
Hal Morris, writing on his GrumpyEditor.com blog, wonders what would happen if newspapers cut standalone sports sections instead of business sections. Morris wrote, “With the trend toward scattering business news bits in other sections, readers will have to hunt for latest developments in areas that contain city council coverage, obituaries, crossword puzzles and weather. “Will […]
WSJ.com offering free, live video on Tuesday
Although News Corp CEO Rupert Murdoch, who now owns The Wall Street Journal, has said that most of its web content will remain behind a pay wall, the paper is offering free, live video online on Tuesday for the first time. The paper will offer free, live video during its coverage of the Super Tuesday primaries. The […]
Murdoch not worried about low ratings for Fox Business
News Corp. CEO Rupert Murdoch, speaking on the Fox News Channel Monday afternoon about the company’s earnings, told Neil Cavuto that he is not worried about the low ratings for Fox Business Network. Chris Ariens of Mediabistro wrote, “During an appearance on Fox News Channel’s Your World with Neil Cavuto, Murdoch talked up News Corp.’s […]
CNBC ratings down in key demographic
Michael Learmonth of Silicon Alley Insider writes Monday afternoon that while CNBC‘s total viewership rose in January, its viewers in the key 25-54 demographic actually fell. Learmonth wrote, “But CNBC’s advertisers only care about the 25-54 demographic, and in that demo CNBC was down double-digits across the board, which hits the network’s bottom line. “The […]
Former Dow Jones CEO Kann on the future of media
Peter Kann, the former CEO of Dow Jones & Co., the parent of The Wall Street Journal and Barron’s, talked with Lee Hudson Teslik from the Council on Foreign Relations about how media properties still remain valuable businesses. Here is an excerpt: The counterpoint to the situation faced by U.S. newspapers is some of the […]