Dow Jones reports fourth-quarter operating profit, online growth
Dow Jones & Co., the parent company of The Wall Street Journal, Barron’s, Marketwatch and Dow Jones Newswires, reported a fourth quarter operating income of $24 million, according to the news release from its parent company, News Corp. For the year, the operating income was $45 million. The earnings release did not provide comparable numbers […]
Biz magazines post bad second quarter in advertising
Many business magazines posted a decline in ad revenue and ad pages during the second quarter, according to data from the Publishers Information Bureau. Some publications bucked the trend. The Economist reported a 21 percent gain in ad revenue to $34.4 million and a 2.2 percent increase in ad pages to 648.5 for the quarter. […]
Dow Jones online sites report gains in readership
Dow Jones & Co. released data from Omniture on Wednesday that showed strong gains among its business journalism Web sites. The Wall Street Journal Digital Network generated a record number of average monthly visitors for the quarter, with an average 24.2 million visitors. For the month of June, The Wall Street Journal Digital Network reported a 74 […]
Barron's cover story on oil bubble popping is nuts
TheStreet.com media critic Marek Fuchs writes Monday that the cover story in the latest issue of Barron’s that argues that the oil price bubble is about to burst is faulty in its premise. Fuchs writes, “‘Oil Bubble: When It Will Pop and Why,’ it said, accompanied by a big, black, oily bubble. I settled into […]
Dow Jones to use software to combine print and online
Dow Jones & Co. has signed a deal with Eidos Media to use its Methode software for the print and online editions of The Wall Street Journal, Barron’s and Marketwatch. A story from Newspapers & Technology stated, “The implementation will serve reporters, editors and designers at newsrooms in the United States, Europe and Asia, all […]
News Corp. starts ad network for financial news sites
Tim Mullaney of Bloomberg writes about the new ad network that News Corp. has started for its financial news sites acquired in the Dow Jones & Co. deal. Mullaney writes, “Worthnet.Fox will sell ads for the international versions of Barron’s Online, the Wall Street Journal Online and Marketwatch.com, as well as sites not owned by […]
Former Smart Money editor to pen Barron's newsletter
Fleming Meeks, the former editor of Smart Money magazine, will be the writer of a new Barron’s newsletter launching online next month. The newsletter will be called Barron’s Daily Stock Alert, and is its first premium newsletter. It’s designed to spotlight undervalued stocks with long-term growth potential and will debut on Thursday, April 3, with an initial subscription […]
Union, Dow Jones at odds about cleaning jobs
Union leaders and officials at Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch, disagree over why 40 laborers who cleaned the company’s offices lost their jobs right after the new year, according to a story by Richard Khavkine of the New Brunswick Home News Tribune. Khavkine wrote, “Union officials, though, […]
TheStreet.com stock falls amid concerns about Cramer contract
Eric Savitz of Barron’s reports that TheStreet.com‘s stock fell in Thursday trading by more than 8 percent after the business news web site reported fourth quarter earnings and held a conference call in which the company disclosed it has not yet reached agreement with co-founder Jim Cramer on a new contract. Savitz wrote, “The company […]
With Wal-Mart the story is overseas
TheStreet.com media critic Marek Fuchs writes Wednesday that some media — Barron’s, BusinessWeek and the New York Post — missed the story behind Wal-Mart’s strong earnings, while The Wall Street Journal got it right. Fuchs wrote, “Wal-Mart reported its fourth quarter Tuesday and much of the business media saw fit to lead with a number […]
