WSJ ad revenue falls 7 percent in July; Barron's also falls
Dow Jones & Co. reported decreases in advertising for its print Wall Street Journal and Barron’s editions in July, but increases in advertising for the online editions. Dow Jones said, “Advertising revenue at the print Wall Street Journal decreased 7.2% in July on a 20.9% decrease in advertising volume. An increase in financial advertising volume […]
TheStreet.com's Fuchs and Barron's Savitz in a tiff
Apparently Barron’s writer Eric Savitz didn’t take too kindly to TheStreet.com’s Marek Fuchs criticizing him for writing the same story about Microsoft stock over and over again. Fuchs wrote, “He first said that my coverage was obnoxious. To this, I must say: I resemble that accusation. But beyond that, he only had one point I […]
WSJ union wants to get new contract in place soon
The union that represents business journalists at The Wall Street Journal, Barron’s, Marketwatch and Dow Jones Newswires wants to get a new contract agreed up before News Corp. CEO Rupert Murdoch closes on his deal to acquire Dow Jones & Co., writes the New York Post’s Keith Kelly. Kelly wrote, “IAPE’s last contract with Dow […]
Barron's writer needs to stop with Microsoft story
TheStreet.com’s Marek Fuchs wants to know why Barron’s writer Eric Savitz has written the same Microsoft story about the company still being a growth stock three times in the past three years. Fuchs wrote, “The Business Press Maven has a couple of concerns here. These articles appear written from the same template, without enough new […]
Ethical considerations for Dow Jones/News Corp. deal
Peter Siris, a columnist for the New York Daily News’ Your Money section and also a money manager, asks in his Wednesday column some pertinent ethical questions about the pending acquisition of Dow Jones & Co., the parent of The Wall Street Journal, by News Corp. CEO Rupert Murdoch. Siris wrote, “What will Murdoch do […]
Union expresses disappointment in Dow Jones/News Corp. deal
Steven Yount, the president of the union that represents business journalists at Dow Jones & Co. operations such as The Wall Street Journal and Marketwatch, issued a statement expressing displeasure with the deal to sell the company to News Corp. Yount stated, “IAPE is disappointed with the apparent decision by key Bancroft family members to […]
Bancroft vote called too close to call
A group of Wall Street Journal reporters wrote for Wednesday’s paper that the Bancroft family that controls Dow Jones & Co. is still too divided to determine if they will agree to sell the company to News Corp. CEO Rupert Murdoch for $5 billion. They wrote, “The company’s advisers reckon that family-owned shares representing 30% […]
Secret password for Bancroft meeting
There’s a secret password to avoid the business media assembled to cover the Bancroft family meeting at a Boston hotel as it discusses whether to sell Dow Jones & Co., the parent of The Wall Street Journal, to News Corp. for $5 billion write Matthew Karnitschnig and Sarah Ellison of The Journal. They wrote that […]
Don't sell my company to Rupert Murdoch
Steven Yount, the president of the union that represents business journalists at The Wall Street Journal, Dow Jones Newswires, Barron’s and Marketwatch, writes on Salon.com about why Dow Jones & Co. should not be sold to News Corp. CEO Rupert Murdoch. Yount wrote, “I’m a newscaster for the Wall Street Journal Radio Network and the […]
Barron's may survive Murdoch quite nicely
Maria Aspan of The New York Times writes Monday that Barron’s, part of Dow Jones & Co., may nicely survive an acquisition by News Corp. CEO Rupert Murdoch. Aspan wrote, “Barron’s, the weekly financial and investment newspaper, is a prestigious publication on Wall Street and a profitable piece of Dow Jones. Its ability to influence […]
