Dow Jones hires consultant to find more revenue
Marketwatch is reporting that Dow Jones has hired consulting firm Booz Allen Hamilton to find ways to increase its revenue through blogs and other products. Reporter Shira Ovide wrote that Wall Street Journal publisher Gordon Crovitz “said in an interview that the company is evaluating potential new specialty products similar to blogs related to legal […]
Business media misfires on drug company takeover
TheStreet.com’s Marek Fuchs criticizes the business media for reporting that French drug company Sanofi-Aventis and Bristol-Myers Squibb were going to merge and create the world’s largest drug company based on an unsourced French newsletter report. Fuchs wrote, “That some newsletter somewhere specializes in thin reporting is neither a great surprise nor a business-world tragedy — […]
Apple must pay legal fees to business blogger
A California court has ruled that Apple must pay $700,000 in legal fees of bloggers that wrote about the company that it had tried to subpoena to determine its sources, according to this story. The story stated, “Apple Inc., had issued subpoenas to online tech journalists, including the publisher of AppleInsider.com and PowerPage.org, over reports […]
John Hancock asks for ComputerWorld story to be taken down
Financial services company John Hancock has asked tech publication ComputerWorld to take an article off its web site, according to the Boston Herald’s Jesse Noyes. Noyes wrote, “But Computerworld’s Editor-in-Chief Don Tennant is refusing to bring down the article despite getting a warning of an impending cease-and-desist letter. “‘Basically we found it a very interesting […]
CNBC moves to defend Bartiromo
New York Times reporter Geraldine Fabrikant takes a close look at CNBC anchor Maria Bartiromo and her association with Citigroup in Friday’s newspaper. Bartiromo’s trip on a Citi corporate jet is apparently what led to the ouster of one of its executives earlier this week. Fabrikant reported that it wasn’t the first time Bartiromo had […]
How to play business journalists like a fiddle
Someone pointed out a Q&A interview between Salesforce.com CEO Marc Benioff and Forbes writer Victoria Murphey Barret to me today, but I’m just now getting around to reading it. The interview was posted this morning, and it includes comments from Benioff on how to present a company to the media. Benioff provides the following suggestions […]
Ad revenue up at WSJ, Barron's in December
Dow Jones reported Thursday that advertising revenue was up at both The Wall Street Journal and at Barron’s in December. A release stated, “Advertising revenue at The Wall Street Journal increased 6.1% in December on a 1.3% decrease in advertising linage. Increases in financial, general and classified advertising linage were partially offset by a decrease […]
Union talks tough with Dow Jones management
E.S. “Jim” Browning has been a Wall Street Journal reporter for more than 27 years, in Hong Kong, Tokyo, Paris and New York. He currently write about financial markets and investing for the Journal. But for the hundreds of business journalists who work at the Journal or Dow Jones properties such as MarketWatch, Barron’s and […]
Fuchs likes BusinessWeek piece on GM
TheStreet.com’s Marek Fuchs, who admits that he rarely finds a business journalism article that makes him smile, is all gushy about David Welch’s piece about automaker General Motors in the most-recent BusinessWeek. Fuchs wrote, “Taking the form of an open note to General Mayhem — er, Motors — Business Week says size doesn’t matter. Let […]
More on Bartiromo and the banker
More coverage emerged Wednesday over the ouster of Citigroup banker Todd Thomson due to his inability to control costs, including kicking other Citi executives off a flight from China so that CNBC anchor Maria Bartiromo could use the plane. The Wall Street Journal is reporting Wednesday that some Citi executives advised Thomson that he needed […]
