Readers: Journal has gotten worse
Jeff Bercovici of Conde Nast Portfolio asked readers earlier this week if The Wall Street Journal has gotten better or worse under News Corp. CEO Rupert Murdoch‘s ownership, and 44 percent responded with a decline in quality, while 29 percent said it had gotten better. Anotehr 25 percent said they haven’t noticed any change. Bercovici […]
Why the WSJ won't fall apart
Hamilton Nolan of Gawker writes Wednesday that he believes that despite the departures from The Wall Street Journal, the paper is still in a strong position against its competitors. Nolan writes, “The paper is the only one in America actually investing in financial news; elsewhere, it’s simply a shrinking field. The big three financial magazines […]
Portfolio senior editor fired
John Koblin of the New York Observer reports that Conde Nast Portfolio senior editor Bob Roe has been fired from the magazine. Koblin writes, “It’s the first major firing this year in what has been a relatively quiet year for the magazine. “Mr. Roe, a senior editor, was a frequent critic of Joanne Lipman, and […]
CNBC's "Big Idea" is down viewers
Conde Nast Portfolio’s Jeff Bercovici reports that CNBC show “The Big Idea” hosted by Donny Deutsch is off in terms of viewers. Bercovici writes, “Well-tanned ad guru Donny Deutsch’s show is off 15 percent in the ratings year-to-date versus the same period in 2007, according to Nielsen. That’s both among total viewers and within the […]
New WSJ editor likely to come from outside
Jeff Bercovici of Conde Nast Portfolio handicaps the race to become the next top editor of The Wall Street Journal, mentioning the same internal names that Talking Biz News threw out last month, but also some names from outside the paper he says are more likely. Bercovici writes, “The smart money, therefore, is on Murdoch […]
Energizing a moribund biz magazine sector
Min magazine’s Jeremy Greenfield and Courtney Barnes interview Conde Nast Portfolio publisher David Carey on the magazine’s launch and its challenges going forward. Here is an excerpt: What is the single most important achievement of CNP?Condé Nast Portfolio has energized a sector of the publishing business that many had thought was moribund. By introducing a […]
Portfolio, Wired and BusinessWeek win Ellies
Conde Nast Portfolio, Wired and BusinessWeek were the three business magazines that received Ellie Awards from the American Society of Magazine Editors on Thursday night. Portfolio won for its Brief section as best magazine section. The judges stated, “Consistently smart, contrarian, and well-reported, Condé Nast Portfolio’s ‘Brief’ is an original take on ambition, invention, ego, […]
Bandler says goodbye to WSJ
James Bandler, who won a Pulitzer Prize at The Wall Street Journal reporting on the backdating of stock options, said goodbye to his colleagues on Wednesday as he is leaving for a job at Fortune. Jeff Bercovici of Conde Nast Portfolio has his farewell e-mail that praised the paper’s investigative stories. In it, Bandler wrote, […]
Bercovici: Murdoch cheated WSJ editorial independence
Jeff Bercovici of Conde Nast Portfolio writes Thursday that News Corp. CEO Rupert Murdoch found ways around the editorial independence agreement designed to protect The Wall Street Journal from meddling by forcing managing editor Marcus Brauchli to resign. Bercovici writes, “Then, to top it all off, Thomson and new Dow Jones CEO Les Hinton actually […]
Bancroft family members not surprised by Brauchli's departure
Jeff Bercovici of Conde Nast Portfolio got in touch with Jane Cox MacElree, a Bancroft family member who controlled 15 percent of the Dow Jones & Co. stock and opposed the sale of The Wall Street Journal parent to Rupert Murdoch, and asked her about the departure of Journal ME Marcus Brauchli. Bercovici writes, “‘How […]