Bancroft temperature must now be taken
Sarah Ellison of The Wall Street Journal writes that now that Dow Jones & Co. and News Corp. have agreed on principles to protect the newspaper from interference, the measures need to be taken to the Bancroft family that controls the company. The Bancrofts still have the final say on whether to sell Dow Jones, […]
Dow Jones and News Corp. reach agreement on WSJ safeguards
Reuters is reporting that Dow Jones & Co., the parent of The Wall Street Journal, and News Corp. have reached an agreement for editorial safeguards preventing News Corp. executives from meddling in the Journal’s journalism content. The agreement should pave the way for News Corp. to now negotiate a deal to acquire the parent company […]
Bancrofts will sell Dow Jones, but not to Murdoch
Markos Kaminis writes on the SeekingAlpha web site that he believes that the Bancrofts will sell Dow Jones & Co.,the parent of The Wall Street Journal, but not to News Corp. CEO Rupert Murdoch. Kaminis wrote, “When you compete against someone, whether in media or in total wealth, like for instance Rupert Murdoch, then selling […]
Give reader more than "no comment"
TheStreet.com media critic Marek Fuchs wishes that more business journalists would give more explanation to the “no comment” that they receive from companies. In discussing a “no comment” in a recent Barron’s article, Fuchs wrote, “Unlike Barron’s, as a matter of policy, I can’t ever let a ‘No Comment’ pass. As an investor, neither should […]
A first for Barron's: National advertising insert
Steve McClellan of AdWeek writes that the latest issue of Barron’s included a national advertising insert for the first time in its 86-year history. McClellan wrote, “The 16-page supplement, created for New York stock trading firm Knight Capital Group by its ad agency, Omnicom’s Doremus, was distributed to more than 200,000 readers via the magazine […]
What kind of boss will Murdoch be to Wall Street Journal?
Slate.com media columnist Jack Shafer writed Friday afternoon about what kind of boss News Corp. CEO Rupert Murdoch will be if he acquires Dow Jones & Co., the parent of The Wall Street Journal, and looks back to when he bought a stake in Warner Communications and got reporters from his New York Post to […]
Dow Jones board move signals rift with Bancroft family
The decision by the Dow Jones & Co. board to take over negotiations with News Corp. CEO Rupert Murdoch and other potential bidders for the company that owns The Wall Street Journal, Barron’s and Marketwatch signals a growing rift between the Bancroft family that controls the company and the business itself, writes Sarah Ellison of […]
Former MySpace CEO seeks stake in Dow Jones
The former CEO of social-networking site MySpace says he will seek a non-controlling stake in Dow Jones & Co., the parent company of The Wall Street Journal, Barron’s and Marketwatch, through a $60-per-share “Dutch auction,” reports Stephanie Kang of The Journal. Kang wrote, “An investment group led by Internet entrepreneur Brad Greenspan sent a letter to the board […]
Analyst: WSJ would shutter European editions, FT to end U.S. edition if deal
A Dow Jones Newswires story about the the possibility of the parent company of the Financial Times and GE, the parent of business news cable network CNBC, joining together to purchase Dow Jones & Co., the parent of The Wall Street Journal, quotes analysts as saying foreign editions of the papers would close under such […]
Union files unfair labor charges against Dow Jones
The union that represents business journalists at The Wall Street Journal, Barron’s, Marketwatch and Dow Jones Newswires has filed two unfair labor charges against Dow Jones & Co. The union says that the charges cover the company’s decision to give extra vacation to everyone except union members, and its effort to turn what have been voluntary […]