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 […]
WSJ signs ad deal with Microsoft
Microsoft Corp. will become the new provider of paid search and contextual advertising links on sites run by The Wall Street Journal, the companies announced Tuesday, according to an AP story. The story stated, “Contextual ads appear as text links at the bottom of stories viewed on the Journal’s Web site, WSJ.com, inside a box […]
Biz magazines see drop in revenue, ad pages in 2007
The 17 business magazines that published in 2007 saw a 2.1 percent decline in ad revenue and a 5.7 percent decline in ad pages, according to data from the Magazine Publishers of America analyzed Wednesday by Talking Biz News. In comparison, the total magazine industry reported a 6.1 percent increase in ad revenue and just […]
Top business journalism events of 2007
Yes, I hate lists, especially lists disguised as business journalism, an all-to-common sight these days. But I think as the years go by and we look back, we’ll see 2007 as a defining year in the world of business journalism because of the dramatic changes that took place. So, here is my list of the […]
Dow Jones shareholders approve deal
Sarah Ellison of The Wall Street Journal reports Thursday that more than 60 percent of Dow Jones & Co. shareholders have approved selling the parent of The Journal, Barron’s and Marketwatch to News Corp. Ellison wrote, “At the conclusion of a half-hour meeting at a Manhattan hotel, Dow Jones’s general counsel Joe Stern said shareholders […]
Murdoch may need three years to show profit from Dow Jones deal
Gillian Wee of Bloomberg News writes Thursday that News Corp. CEO Rupert Murdoch may need as much as three years to show his shareholders that the purchase of Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch, was worth more than $5 billion. Wee wrote, “By that time, Murdoch’s News […]
Crovitz memo to staff: We kicked butt
Wall Street Journal publisher Gordon Crovitz sent the following message to employees Friday after it was announced he would step down from his position after Dow Jones & Co. is sold next week to News Corp. Crovitz wrote: “I am gratified by what we have achieved together. We set out to integrate our brands and […]
Hinton to lead Dow Jones; Thomson to be WSJ publisher
Sarah Ellison of The Wall Street Journal reports Thursday that News Corp. executive Les Hinton will become the new CEO of Dow Jones & Co. in the wake of current CEO Richard Zannino‘s resignation, and Robert Thomson, currently the editor of The Times of London, will become The Journal’s publisher after Dow Jones is acquired […]
At least my kids will be happy
Standard & Poor’s on Wednesday said video game retailer GameStop Corp. will replace Dow Jones & Co., the parent of The Wall Street Journal, Marketwatch and Barron’s, in the S&P 500 at a date yet to be announced, according to an Associated Press story. Dow Jones is being bought by Rupert Murdoch‘s News Corp., although the […]
Smart Money editor returns to Barron's
The New York Post’s Keith Kelly also reports that Smart Money editor Fleming Meeks is returning to Barron’s. Kelly wrote, “Meeks had been a top editor at Barron’s when he was dispatched to be the editor of Smart Money. “But then four years ago Jonathan Dahl was brought in as Smart Money’s editor- in-chief above […]
