What's the difference?
As I was standing in the Bear Stearns trading floor on Friday, I glanced up at one of the TVs that was showing CNBC and saw that there was a reporter giving an account of what was happening in the bond market that day. What struck me was the fact that the “report” was sponsored […]
Steiger: Not a lot of anguish in decision
Paul Steiger, the managing editor of the Wall Street Journal who had been told by News Corp. CEO Rupert Murdoch that a bid had been made for Dow Jones & Co., the parent of the Journal, said Tuesday that the decision not to tell the paper’s reporters “did not cause me a lot of anguish.” […]
New SABEW board members elected
Miami Herald business editor Lisa Gibbs, University of North Carolina professor Chris Roush, Dow Jones Newswires reporter Dawn Wotapka Hardesty, CNBC reporter Rebecca Jarvis and SmartMoney.com editor Ray Hennessey were elected for the first time to the Society of American Business Editors and Writers board on Tuesday. Re-elected to the board were Seattle Times business […]
Odds and ends from the SABEW conference
Here are some snippets from the Society of American Business Editors and Writers annual conference, going on for the next two days in Orange County, Calif. 1. Glenn Hall, the business editor of the Orange County Register, says that the blog in the business section with the most page views is Jon Lansner’s on the […]
$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 […]
Weiss: Wall Street Journal not bound to hold story
Forbes.com columnist Gary Weiss wonders why Wall Street Journal managing editor Paul Steiger held the story of the paper’s parent company Dow Jones & Co. receiving an unsolicited $5 billion offer from News Corp. because he had received an e-mail from its CEO, Rupert Murdoch, alerting him of the offer. The disclosure that the story […]
News Corp. acquiring Dow Jones would be dangerous to competitors
Matthew Flamm of Crain’s New York Business looks at the proposed $5 billion acquisition of Dow Jones & Co. by News Corp. and comes up with a number of ways that the deal would hurt competitors in business journalism. Flamm wrote, “While CNBC has the exclusive use of Journal reporters on air until 2012, Mr. […]
CNBC on the defensive
Marketwatch media columnist Jon Friedman writes Monday that the News Corp. offer to acquire Dow Jones & Co. last week puts business cable network CNBC on the defensive as it prepares for the launch of News Corp.’s Fox Business Channel. Friedman wrote, “One of the battles between Fox’s business channel and CNBC will be fought […]
New Loeb Award final judges announced
The G. and R. Loeb Foundation and UCLA Anderson School of Management announce changes Monday to the final judging panel of the Gerald Loeb Awards for Distinguished Business and Financial Journalism. Named as new final judges are: Matthew Bishop, bureau chief, The Economist; Douglas Frantz, managing editor, Los Angeles Times; Chrystia Freeland, U.S. managing editor, […]
