WSJ ad sales team to welcome Murdoch with open arms

Nat Ives of Advertising Age writes Monday that the advertising sales team at The Wall Street Journal appears to be welcoming an acquisition of the company by News Corp. CEO Rupert Murdoch. Ives wrote, “How might News Corp. help? Well, some sales execs are hoping Mr. Murdoch will shake up an ad-sales team that is […]

Barron's may survive Murdoch quite nicely

Maria Aspan of The New York Times writes Monday that Barron’s, part of Dow Jones & Co., may nicely survive an acquisition by News Corp. CEO Rupert Murdoch. Aspan wrote, “Barron’s, the weekly financial and investment newspaper, is a prestigious publication on Wall Street and a profitable piece of Dow Jones. Its ability to influence […]

Why the NYTimes tiptoes around covering itself

New York Times public editor Clark Hoyt writes Sunday about the difficulty that the paper’s business reporter Landon Thomas Jr., who is assigned to write stories about the company, has in performing that task. Hoyt noted, however, that there are differences between the Bancroft family that controls The Wall Street Journal and the Sulzberger family […]

Just a matter of time before Murdoch takes the wheel

Richard Perez-Pena of The New York Times writes Sunday that it will just be a matter of time after News Corp. CEO Rupert Murdoch acquires Dow Jones & Co., the parent of The Wall Street Journal, before he starts to tinker with the paper. Perez-Pena wrote, “Yet many experts also surmise that while Mr. Murdoch’s […]

Greenspan says he can make Dow Jones worth more than $5 billion

Internet entrepreneur Brad Greenspan says he can make Dow Jones & Co., the parent of The Wall Street Journal, worth more than the $5 billion that News Corp. CEO Rupert Murdoch is offering for the company, according to a story by Journal reporter Sarah Ellison. Previously, Greenspan and a group of investors had offered to […]

Boston attorney will play key role with Bancrofts next week

Sacha Pfeiffer of The Boston Globe writes Friday that Boston attorney Michael Elefante, who represents the Bancroft family trusts that control Dow Jones & Co., will play a key role when the family meets next week to decide whether to sell the company to News Corp. Pfeiffer wrote, “When the family members meet in Boston […]

Dow Jones board member resigns in protest

Dow Jones & Co. board member Dieter von Holtzbrinck resigned his position Thursday to protest the board’s vote to recommend the sale of the company to News Corp., according to a story from The Wall Street Journal’s Sarah Ellison and Shira Ovide. Von Holtzbrinck abstained from the vote. Ellison and Ovide wrote, “Dow Jones disclosed […]

Murdoch's first change will be WSJ.com

Steven Zeitchik of Variety writes that the first change that News Corp. CEO Rupert Murdoch will make with Dow Jones & Co., the parent of The Wall Street Journal, is to change the newspaper’s web site. Zeitchik wrote, “While the site has been one of the few great success stories of a print-to-Web transition for […]

Tension and strain among WSJ journalists

With the deal to sell the company to News Corp. days away, tensions have been rising between Wall Street Journal journalists and management, particularly CEO Richard Zannino, who is the first non-journalist running Dow Jones & Co. in decades, writes Richard Perez-Pena of The New York Times. Perez-Pena wrote, “Journalists are also facing two futures […]

Monday meeting of Bancrofts crucial for Dow Jones/News Corp. deal

The Bancroft family that controls Dow Jones & Co., the parent of The Wall Street Journal, will meet Monday to discuss whether to vote in favor of, or against, the $5 billion offer from News Corp., writes Sarah Ellison of The Journal for Thursday’s paper. The Bancroft family controls 64 percent of the votes of […]