The Bancroft member who changed her mind
David Litterick of The Telegraph newspaper in England writes for Monday’s paper about the Bancroft family member, Leslie Hill, who is apparently spearheading the change of heart from family members so that they’re now willing to talk to News Corp. CEO Rupert Murdoch about selling Dow Jones & Co., the parent of The Wall Street […]
WSJ finally gets it with employment numbers
The New York Post business columnist John Crudelle writes Thursday that The Wall Street Journal finally understands that the government’s jobs numbers may not be accurate. Crudelle wrote, “It only took the nation’s most prominent business newspaper a decade and a half to figure it out, but the Job Market’s Strength May Have Been Overstated. “That […]
$100 million not enough to launch Fox Business Channel
Joseph Lazzaro writes on BloggingStocks.com about the Fortune story on Thursday that said that the Fox Business Channel would be started with $100 million and says that’s not enough. Lazzaro wrote, “One veteran media professional, who spoke on the condition that he not be identified by name, said he’s delighted that Murdoch will inject ‘news competition […]
Dear Rupert: Don't buy it, build it
Jerry Bowyer writes on the TCS Daily web site that the Bancroft family has donw News Corp. CEO Rupert Murdoch a favor by refusing to sell him Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch. That’s because Murdoch can now go out and build the best business news organization […]
The law firm that controls Dow Jones
Joshua Chaffin of The Financial Times takes a look at the Boston law firm of Hemenway & Barnes that does the legal work for the Bancroft family that controls Dow Jones & Co. and writes that the lawyers are the ones that actually control the owner of The Wall Street Journal. The law firm’s work […]
Henriques to receve Elliott Bell Award
Diana Henriques of The New York Times will receive the Elliott V. Bell Award from the New York Financial Writers’ Association next month at its annual dinner. The award is given “to an outstanding journalist for a significant long-term contribution to the profession of financial journalism.â€? The dinner will be June 1 at the Marriott […]
Bancrofts meet by phone; one not impressed with Murdoch's letter
Matthew Karnitschnig and Stephanie Kang of The Wall Street Journal, in writing about News Corp. CEO Rupert Murdoch’s letter to members of the Bancroft family that control Dow Jones & Co., note that a number of the family members convened on a conference call Monday to discuss News Corp.’s $5 billion offer to buy the […]
Some traders believe Dow Jones bid will be raised
Dan Dorfman of the New York Sun wrote Monday that there’s talk among traders that News Corp. CEO Rupert Murdoch will raise his bid for Dow Jones & Co., the parent of The Wall Street Journal, leading to its stock increase on Friday. Dorfman wrote, “If anything, Friday’s action re-enforced the view in some Street […]
A Barron's story full of errors
Neal Shanske writes on the Seeking Alpha web site about the demise of newspapers and his interest in reading them and cites the various errors in a recent Barron’s article as Exhibit A. Shanske wrote, “Last week, the Bancroft family made much noise opposing News Corp.’s bid for Dow Jones, publisher of Barron’s and the […]
Professor: Remember Clarence Barron
Mitchell Zuckoff, a journalism professor at Boston University, writes in the Saturday Boston Globe that those assessing News Corp. CEO Rupert Murdoch‘s bid for Dow Jones & Co., the parent of The Wall Street Journal, need to remember former owner Clarence Barron. Zuckoff wrote, “It’s worth noting that even as Barron drove himself and his […]
