Give reader more than "no comment"
TheStreet.com media critic Marek Fuchs wishes that more business journalists would give more explanation to the “no comment” that they receive from companies. In discussing a “no comment” in a recent Barron’s article, Fuchs wrote, “Unlike Barron’s, as a matter of policy, I can’t ever let a ‘No Comment’ pass. As an investor, neither should […]
Murdoch on the phone with his editors
Ken Auletta of The New Yorker has a long profile Monday of News Corp. CEO Rupert Murdoch and a behind-the-scenes look at his negotiations to purchase Dow Jones & Co., the parent of The Wall Street Journal. Most telling was Auletta recounting what it was like to be in Murdoch’s office in 1995. He wrote, […]
News Corp. almost backed out of Dow Jones talks during the weekend
Sarah Ellison of The Wall Street Journal reports for Monday’s paper that the talks between News Corp. and Dow Jones & Co., the parent of The Wall Street Journal, grew contentious at one point this weekend with News Corp. threatening to pull out of talks to acquire the company at one point. News Corp. CEO […]
Murdoch, Dow Jones board close to agreement on editorial safeguards
Richard Siklos and Andrew Ross Sorkin of The New York Times write for Monday’s paper that News Corp. CEO Rupert Murdoch is close to reaching an agreement on measures that are supposed to prevent him from meddling in the journalism at The Wall Street Journal, putting him one step closer to buying its parent company, […]
Investors want Pearson to sell Financial Times
Richard Wachman of The Observer newspaper in London writes that investors are calling for Pearson Plc to sell The Financial Times newspaper instead of engaging in a war with The Wall Street Journal if News Corp. CEO Rupert Murdoch is successful in buying the rival paper. Wachman wrote, “Calls for the divestment of the FT […]
Murdoch "surprised and frustrated" by Dow Jones plan
Richard Siklos and Richard Perez-Pena of the New York Times write Saturday that News Corp. CEO Rupert Murdoch was “surprised and frustrated” by the plan he received from Dow Jones & Co. board members on how to maintain the editorial independence of The Wall Street Journal should he purchase the company. They wrote, “Two people […]
No firm evidence on how Murdoch would run Journal
Frank Ahrens and Mary Jordan of The Washington Post write a front-page article Saturday that states there’s no hard evidence that would say how News Corp. CEO Rupert Murdoch would run The Wall Street Journal if he is successful in acquiring its parent company, Dow Jones & Co. Ahrens and Jordan wrote, “Murdoch treats his […]
Dow Jones delivers editorial proposal to News Corp.
Sarah Ellison of The Wall Street Journal reports that Dow Jones & Co., the Journal’s parent, has delivered a proposal to News Corp. that would safeguard the editorial independence of the newspaper if the company is acquired. Ellison wrote, “The proposal calls for a Special Committee on Editorial and Journalistic Independence and Integrity, which would […]
What kind of boss will Murdoch be to Wall Street Journal?
Slate.com media columnist Jack Shafer writed Friday afternoon about what kind of boss News Corp. CEO Rupert Murdoch will be if he acquires Dow Jones & Co., the parent of The Wall Street Journal, and looks back to when he bought a stake in Warner Communications and got reporters from his New York Post to […]
Bancrofts need board, and board needs Bancrofts
Richard Perez-Pena of The New York Times writes Friday that despite the fact that the Dow Jones & Co. board has taken over the negotiations to sell the company to News Corp. CEO Rupert Murdoch, the board needs the Bancroft family that controls the company, the parent of The Wall Street Journal, and vice versa. […]
