WSJ editor backs agreement with Murdoch
Stephen Foley of The Independent newspaper in London writes for Wednesday’s paper that the Wall Street Journal‘s managing editor, Marcus Brauchli, has backed the agreement between Dow Jones & Co. and News Corp. that would provide the editorial independence of the paper if it is acquired. Foley wrote, “The Wall Street Journal’s editor has thrown […]
Greenspan willing to team up to bid for Dow Jones
Brad Greenspan, the former CEO of the company that once owned MySpace, told The Los Angeles Times that he would be willing to work with an investment firm recruited by Dow Jones & Co. staffers to fashion a joint bid for the financial news empire. Greenspan has made an offer to buy 25 percent of […]
Wall Street Journal agreement is vague, but protects top three editors
Sarah Ellison of The Wall Street Journal writes Tuesday that the editorial agreement that aims to protect the newspaper should it be purchased by News Corp. CEO Rupert Murdoch is vaguely worded in some places but does protect the top three editors. Ellison wrote, “But the document’s power relies less on specific language than on […]
Bancroft family lawyers could sway vote
Matthew Karnitschnig of The Wall Street Journal writes Monday about a group of Boston lawyers who oversee the Bancroft family trusts and could influence the vote that determines whether the family, which controls Dow Jones & Co., sells to News Corp. Karnitschnig wrote, “Lawyers from Hemenway & Barnes sit at the center of dozens of […]
Greenspan encounters Murdoch as a rival again
Brad Stone of The New York Times writes Monday about Internet entrepreneur Brad Greenspan, who is leading an investment group that wants to buy a 25 percent stake in Dow Jones & Co., the parent of The Wall Street Journal, and potentially thwart an offer by News Corp. CEO Rupert Murdoch. Murdoch acquired the company […]
Brauchli sends testy note to WSJ staffers after walkout
Wall Street Journal managing editor Marcus Brauchli sent an angry message to the business journalists who didn’t show up for work on Thursday morning to protest the fact that the newspaper might be sold to News Corp. CEO Rupert Murdoch. James Robinson of The Observer newspaper in London wrote, “In the meantime, feelings are running […]
WSJ posts editorial agreement between Dow Jones and News Corp.
The agreement that is supposed to protect journalists at The Wall Street Journal from interference by News Corp. executives if the company acquires Dow Jones & Co., the newspaper’s parent, has been posted on the paper’s Web site Friday night. Here’s the good stuff: The authority of the managing editor and the editorial page editor […]
How biz journalists get their iPhones to write critiques
Josh Quittner, the editor of Business 2.0 magazine, notes that business writers for Newsweek and USA Today who have written positive books about Apple are among those who received advance versions of the new iPhone to write a review before its Friday launch. Quittner’s magazine, on the other hand, did not receive one in advance. Quittner […]
Bancroft heir wants Dow Jones to consider other bidders
Sarah Ellison and Dennis Berman of The Wall Street Journal write Friday that Leslie Hill, a member of the Bancroft family that controls Dow Jones & Co., is looking for another bidder beside News Corp. CEO Dennis Bancroft to buy the company. Ellis and Berman wrote, “In recent days, she has been scouring the East […]
Wait, forget what I wrote in yesterday's paper
Richard Perez-Pena of The New York Times writes for Friday’s paper that an editorial oversight committee would have the power to hire and fire top editors at The Wall Street Journal if News Corp. acquires its parent company, Dow Jones & Co. That’s the opposite of what Perez-Pena reported on Thursday in a story that […]
