New WSJ will still keep quality, but ignores its history

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  1. Gordon Crovitz says:

    As publisher of The Wall Street Journal, I would like to address just one of your criticisms–that we have not adequately recognized Barney Kilgore in our rethinking of the Journal. I completely agree with you that Kilgore was “the most influential business journalist of the past 100 years.”
    As I stressed in several of my “Publisher’s Letters” over the past month explaining what has changed and what has not changed in the Journal, we were very conscious that we are seeking to build on the brilliance of the Kilgore revolution. Indeed, internally we referred to the rethinking of the Journal as “Journal 3.0: Newspaper for the Digital Age.” As I explain in the Journal of Jan. 2, we think of Journal 1.0 as the original 19th Century newspaper, which was revolutionary for its time, but was a narrow markets-focused newspaper for the modest number of individual investors at the time. Kilgore transformed the Journal into a broader business newspaper, national and now global, delivering on his vision that the Journal would create and serve a new community of interest made up of businesspeople and other professionals with shared issues and concerns. Today’s Journal builds on Kilgore’s Journal 2.0 by focusing even more of our journalistic effort on distinctive “what does the news mean” for our audience, even as our readers access news and information from many sources, across media, throughout the day. So I appreciate your reference to Kilgore, whose brilliance we seek to build upon for the modern news needs of readers, both of the print Journal and the online Journal. Kilgore’s spirit guides every page of today’s Journal.

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