Dow Jones union seeks alternatives to Murdoch bid
The union that represents business journalists at The Wall Street Journal, Dow Jones Newswires, Barron’s and Marketwatch said Monday that it has hired an advisory firm to help it seek alternatives to selling Dow Jones & Co. to News Corp. CEO Rupert Murdoch. The statement said, “IAPE believes that the best safeguard to the independence […]
Bancrofts now on the defensive
David Lieberman of USA Today writes Monday that the Bancroft family that controls Dow Jones & Co., the parent of The Wall Street Journal, is now seen on the defensive since it has agreed to meet with News Corp. CEO Rupert Murdoch to discuss his bid to buy the company. Lieberman wrote, “‘The Bancroft family’s […]
The Bancroft member who changed her mind
David Litterick of The Telegraph newspaper in England writes for Monday’s paper about the Bancroft family member, Leslie Hill, who is apparently spearheading the change of heart from family members so that they’re now willing to talk to News Corp. CEO Rupert Murdoch about selling Dow Jones & Co., the parent of The Wall Street […]
Murdoch won't let Bancrofts control editorial oversight board
Dennis Berman and Sarah Ellison of The Wall Street Journal write for Monday’s paper that News Corp. CEO Rupert Murdoch is unlikely to bend on allowing the Bancroft family, which controls Dow Jones & Co., the Journal’s parent, to control an editorial oversight board of the paper if he is allowed to acquire the company. […]
Mr. Murdoch will be on his best behavior
David Carr of The New York Times writes for Monday’s paper about the charm and manners that News Corp. CEO Rupert Murdoch will be putting on later in the day when he meets with the Bancroft family in an attempt to convince them to sell Dow Jones & Co., the parent of The Wall Street […]
WSJ journalists may stage walkout if Murdoch makes deal
James Robinson of The Observer newspaper in London writes Sunday that Wall Street Journal journalists are contemplating a walk-out if News Corp. CEO Rupert Murdoch is successful in acquiring Dow Jones & Co., the paper’s parent company. Robinson wrote, “‘The feeling on the shop floor is they hate the fact that Murdoch’s name and all […]
What will the Bancrofts want from Murdoch?
Andrew Ross Sorkin writes in the Sunday New York Times about what the Bancroft family that controls Dow Jones & Co., the parent of The Wall Street Journal, will want from News Corp. CEO Rupert Murdoch to become convinced that they can sell the company to him and he won’t interfere in its journalism. The […]
For the WSJ, it's not about making profits
Allan Sloan writes in his Newsweek column that any owner of The Wall Street Journal has to realize that the paper doesn’t make great profits. What’s more important is its journalism. Sloan wrote, “No, the Journal’s not perfect. What is? But I love the Journal newsroom’s prickly independence. I saw the paper bend over backward […]
Murdoch will do to WSJ what Newhouse did to New Yorker
New York Times business columnist Joe Nocera writes Saturday that when he thinks about News Corp. CEO Rupert Murdoch making the promises he has made to the Bancroft family in an attempt to purchase The Wall Street Journal, he thinks about the promises that S.I. Newhouse made when he bought The New Yorker. Newhouse said that […]
Why Murdoch should not be given control of The Wall Street Journal
Tim Rutten of the Los Angeles Times writes Saturday about the reasons why News Corp. CEO Rupert Murdoch should not be allowed to purchase Dow Jones & Co., the parent of The Wall Street Journal. Rutten wrote, “Rupert Murdoch should not be given control of Dow Jones and the Wall Street Journal for a number […]
