Why the Wall Street Journal is worth more than other papers
David von Drehle has a great analysis on Time magazine’s web site about why Rupert Murdoch’s $5 billion offer for Dow Jones & Co., the parent of The Wall Street Journal, values the newspaper at a much higher price than other papers. Von Drehle wrote, “The Journal is not like other newspapers. About the only […]
Deal or no deal? Bancroft family says no deal
Dow Jones & Co. issued a statement after the markets closed saying that a member of the Bancroft family, which controls more than 60 percent of the stock in the company, is not interested in selling the parent of The Wall Street Journal, Barron’s and Marketwatch to News Corp. for $5 billion. The release stated, […]
GE could enter bidding for Dow Jones
Russ Britt, the Los Angeles bureau chief for Marketwatch, writes Tuesday that General Electric Co. might be forced to make an offer for Dow Jones & Co., to prevent rival News Corp. from buying the owner of The Wall Street Journal, Marketwatch and Barron’s. GE is the parent company of NBC and business news cable […]
Options to buy Dow Jones stock surged on Monday
Options to buy stock in the parent company of The Wall Street Journal, Barron’s and Marketwatch surged on Monday, Bloomberg News is reporting, the day before it was disclosed that News Corp. had made an unsolicited offer to acquire Dow Jones. The increase indicates that some investors knew about the offer before it became public […]
Online will be more than half of Dow Jones revenue by 2009
Dow Jones & Co., which publishes The Wall Street Journal and Barron’s, will have more than half of its revenue come from online publishing by 2009, CEO Richard Zannino said at its annual meeting on Wednesday. A Reuters story stated, “Dow Jones, publisher of the Wall Street Journal, is one of the few newspaper companies […]
Subscriptions up at online Wall Street Journal, Barron's
Dow Jones & Co. reported first quarter earnings on Tuesday, and the release disclosed some interest numbers in relation to advertising and subscription growth at the online editions of The Wall Street Journal and Barron’s. The release stated, “Advertising revenue at Dow Jones Online was up 30%, and international advertising revenue was up 9.6%, more […]
March good for biz magazines, bad for personal finance titles
March saw an increase almost across the board for mainstream business magazines in terms of ad revenue and ad pages, but decreases for the personal finance glossy titles, according to data from the Magazine Publishers of America. Leading the way was Inc. magazine, which saw a 39.3 percent increase in ad revenue to $7.5 million […]
Slow progress in Dow Jones/union talks
The union representing business journalists at The Wall Street Journal, Barron’s and Marketwatch says that its negotiations with parent company Dow Jones & Co. on Wednesday showed some progress, with the company offering a “slightly raised” wage offer. In an update posted on its web site, the Independent Association of Publishers’ Employees local 1096 stated, […]
Dow Jones poised to buy Financial News?
The Telegraph newspaper in London is reporting that Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch, is near a deal to acquire the Financial News newspaper in that country. Ben Harrington wrote, “It is understood Dow Jones, which publishes The Wall Street Journal, is in advanced negotiations to acquire […]
Is Dow Jones stuck in a rut?
Crain’s New York Business wonders if the stock of Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch, is overvalued and headed for a fall. An item in the latest issue stated, “But with the stock’s decline of almost 10% in the past year, some analysts reckon the shares are […]
