Stop bashing Murdoch because he does more good than bad
O. Casey Corr writes on the MSNBC web site that the media that has been busy bashing News Corp. CEO Rupert Murdoch for what he might do after acquiring The Wall Street Journal should get over it and realize the good he is doing in the media world. Corr wrote, “For those who are alarmed […]
WSJ journalists should fear Ailes and Cavuto, nut Murdoch
Wall Street Journal reporters and editors shouldn’t fear News Corp. CEO Rupert Murdoch, their likely new owner, but Fox News head Roger Ailes and Fox Business News head Neil Cavuto, with whom they will be working more closely, writes Eric Boehlert on the Media Matters for America web site. Boehlert wrote, “It will be Ailes […]
SEC to file insider trading charges against Dow Jones board member
The Securities and Exchange Commission intends to file insider trading charges against a Dow Jones & Co. board member for telling acquaintances about the $5 billion offer to acquire the parent of The Wall Street Journal by News Corp. before it became public. Sarah Ellison and Kara Scannell of The Journal wrote, “The SEC has […]
WSJ deal could mean opportunities for rivals
Other business journalism newspapers and publications could benefit from the uncertainty surrounding the quality of journalism at The Wall Street Journal if it is acquired by News Corp. CEO Rupert Murdoch, writes Advertising Age’s Nat Ives. Ives wrote, “‘If people are going to be concerned about the quality and independence of The Journal, that plays […]
Wall Street Journal reporters will now play the lottery
Wall Street Journal reporters will now take several different strategies with their careers since it appears that News Corp. CEO Rupert Murdoch is likely to succeed in buying Dow Jones & Co., the parent of the paper, write Michael Calderone and Felix Gillette of the New York Observer. They write, “Robert Block, a Journal reporter […]
Some Journal reporters concerned about Steiger conflict
Joseph Menn of The Los Angeles Times writes for Wednesday’s newspaper that some journalists at The Wall Street Journal are concerned about the fact that the paper’s former top editor, Paul Steiger, continues to edit stories about its parent company’s negotiations with News Corp. Menn wrote, “Steiger served as the top newsroom executive at the […]
Majority of Dow Jones board members favor sale
A majority of Dow Jones & Co. board members lean toward selling the parent company of The Wall Street Journal and Barron’s to News Corp. for $5 billion, according to a story on the paper’s web site by Sarah Ellison, Matthew Karnitschnig and Dennis Berman. They wrote, “Their backing would send the offer to the […]
Steiger still in charge of WSJ coverage of News Corp. offer
Michael Calderone of The New York Observer writes Tuesday that former Wall Street Journal managing editor Paul Steiger remains in charge of the paper’s coverage of News Corp.’s attempts to purchase its parent, Dow Jones & Co. This is despite the fact that Steiger was named by News Corp. CEO Rupert Murdoch as being a […]
News Corp. reaches tentative deal for Dow Jones
News Corp. has reached a tentative deal to acquire Dow Jones & Co., the parent of The Wall Street Journal, for $5 billion, according to a short on the Journal’s web site Monday evening. Sarah Ellison wrote, “The deal will be put to the full Dow Jones board tomorrow evening for its approval, said people […]
News Corp. to meet with Dow Jones directors Tuesday
Joshua Chaffin and James Politi of The Financial Times write for Tuesday’s paper that News Corp. will meet with Dow Jones & Co. directors in what could be a decisive meeting in whether the parent of The Wall Street Journal is sold. Chaffin and Politi wrote, “The meeting, which will include News Corp representatives and […]
