Good times at WSJ too good to last
Former Wall Street Journal staff member David Ignatius writes in Thursday’s Washington Post that the good times at the paper in the 1980s and 1990s were too good to last and began to end more than a decade ago. Ignatius wrote, “The Journal of the mid-1980s was a demonstration of the proposition that good journalism […]
Five picked for Wall Street Journal editorial oversight board
Five people have been picked to comprise a board designed to protect the journalism published in The Wall Street Journal from interference by News Corp. CEO Rupert Murdoch, who is purchasing its parent company Dow Jones & Co. for $5 billion, writes Richard Perez-Pena of The New York Times. Perez-Pena wrote, “They are Louis D. […]
Dow Jones execs want to stay, but 170 WSJ subscribers leave
Martin Peers of The Wall Street Journal writes Thursday that Dow Jones & Co. executives such as CEO Richard Zannino and Journal publisher Gordon Crovitz want to remain after the deal to sell the company to News Corp. closes. However, 170 subscribers of the Journal are not waiting for the deal to close. They canceled […]
Business journalism is now "sexy"
David Lieberman of USA Today writes that the deal to sell The Wall Street Journal, the deal to combine Reuters with Thomson and the launch of Conde Nast Portfolio, among other moves, signals business journalism’s importance in today’s society. Lieberman wrote, “So, why is business news a hot business? “It’s certainly easier to attract big […]
WSJ ME sends e-mail to calm journalists
The following is the text of an e-mail sent by Wall Street Journal managing editor Marcus Brauchli to his staff in regards to the paper’s acquisition by News Corp. “Today’s news that a decisive proportion of Bancroft family trusts will vote in favor of News Corp.’s proposed acquisition of Dow Jones begins a process that […]
Journal reporters livid about deal details
Walter Hamilton of the Los Angeles Times writes Wednesday that a number of Wall Street Journal reporters are upset at what led the paper to be sold to News Corp. CEO Rupert Murdoch. Hamilton wrote, “The newsroom was particularly incensed by the detail, disclosed on the Journal’s website Tuesday, that Dow Jones had agreed to […]
Dow, Jones were journalists first, businessmen second
Cynthia Crossen of The Wall Street Journal examines the history of the paper and its parent, Dow Jones & Co., and what shaped its successes and failures on Wednesday. Crossen wrote, “Like most of their successors, for better and worse, Charles Dow and Edward Jones were journalists first, businessmen second. They had been working for […]
Sending ripples through the world of business journalism
Martin Peers, Susan Vranica and Stephanie Kang wrote for Wednesday’s Wall Street Journal that the paper’s acquisition by News Corp. CEO Rupert Murdoch will have repercussions throughout the business journalism world. They wrote, “Murdoch has promised to beef up the Journal’s ad-sales effort and to lift its circulation, making the paper a more potent rival […]
Drinking whiskey and having a wake
Reporters at The Wall Street Journal held a wake Tuesday afternoon after it became apparent that the paper had been sold to News Corp. CEO Rupert Murdoch, writes Richard Perez-Pena and Andrew Ross Sorkin of The New York Times. Perez-Pena and Sorkin wrote, “Mr. Murdoch has talked of pumping money into The Journal, bolstering its coverage of […]
WSJ publisher attempts to soothe reader worries
Wall Street Journal publisher Gordon Crovitz wrote a letter to its readers in Wednesday’s paper where he tried to calm them about any changes in the paper resulting in it being sold to News Corp. Crovitz wrote, “What would a sale mean to the Journal and, most importantly, to readers? You will make the ultimate […]
