FCC commissioner requests inquiry into News Corp. acquisition of Dow Jones
Federal Communications Commissioner Michael Copps is asking the chairman to open an inquiry into News Corp.’s $5.6 billion proposed acquisition of Dow Jones & Co., the parent of The Wall Street Journal, Marketwatch and Barron’s, writes John Eggerton of Broadcasting & Cable. Eggerton wrote, “Saying this was unprecedented in the history of the FCC, Copps […]
Crovitz bullish about Dow Jones online properties
Wall Street Journal publisher Gordon Crovitz and Dow Jones & Co. CEO Rich Zannino talked on the company’s earnings conference call Thursday about the potential that exists with its online web sites. Crovitz said, “As we said, we will soon hit a million paying subscribers to the Online Journal. Barron’s Online, at well over 100,000, […]
Bad summer for business magazines
Ten out of 16 business magazines reported a decline in ad dollars for the three months ended Sept. 30, and 14 out of 16 reported a decline in ad pages during the same time period, according to data released from the Magazine Publishers of America. Only Barron’s, The Economist, Fast Company, Forbes, Money and Smart Money […]
Dow Jones business journalists approve new contract
Business reporters at Dow Jones & Co. properties such as The Wall Street Journal, Barron’s and Marketwatch have approved a new contract negotiated with the union. Here is the text of the e-mail sent to members: The IAPE Election Committee has been informed by TrueBallot Inc. that a majority of eligible voters have voted to […]
Dow Jones journalists will start voting Thursday
Business journalists who work for Dow Jones & Co. properties such as The Wall Street Journal, Barron’s and Marketwatch will vote whether to ratify a new contract with the company beginning Thursday, according to an e-mail sent to reporters and editors obtained by Talking Biz News. The journalists — eligible members of the Independent Association […]
FCC commissioner expresses concern about Dow Jones deal
Corey Boles of The Wall Street Journal writes Friday that Federal Communications Commissioner Michael Copps has expressed concern about the pending acquisition of Dow Jones & Co., the paent of The Journal, Barron’s and Marketwatch, by News Corp. CEO Rupert Murdoch. Boles wrote, “He expressed concerns over the impact on diversity in both the New York […]
Bloomberg editor: Murdoch's purchase of WSJ is a good for competition
Matthew Winkler, the editor in chief of Bloomberg News, said that News Corp. CEO Rupert Murdoch‘s acquisition of The Wall Street Journal, Barron’s and Marketwatch will be good as long as he can enrich the financial news properties he is buying, writes Peter Alford of The Australian. Alford wrote, “Mr Winkler is in charge of Bloomberg […]
Dow Jones insider trading case important to SEC
David Scheer of Bloomberg writes that the insider trading case against acquaintances of a Dow Jones & Co. board member who allegedly disclosed that News Corp. would make an offer for the parent of The Wall Street Journal, Barron’s and Marketwatch before it became public is an important case for the Securities and Exchange Commission. […]
Record traffic for Dow Jones web sites
Dow Jones & Co.’s business news web sites reported higher traffic in August, according to data from Omniture Inc. The WSJ Digital Network, which includes the websites WSJ.com, MarketWatch.com, Barrons.com and AllThingsD.com, attracted nearly 17.9 million unique visitors, an increase of 21 percent from the previous year. The sites generated 424.7 million page views in […]
Disagreement among WSJ union leaders
The New York Observer’s Felix Gillette writes Monday that there is disagreement among the leaders that represent business journalists at The Wall Street Journal, Barron’s and Marketwatch as Journal reporter Jim Browning sent out an e-mail Monday stating that the contract that the union leaders voted to accept this weekend is not the best contract […]