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 […]
How Murdoch will try to sway the Bancrofts
Corky Siemaszko of the New York Daily News writes Saturday about the tactics that News Corp. CEO Rupert Murdoch will use with the Bancroft family when they meet on Monday in an attempt to try to convince them to sell Dow Jones & Co., the parent of The Wall Street Journal. Siemaszko wrote, “‘The moment […]
What changed the Bancrofts' minds
Matthew Karntischnig, Sarah Ellison, Susan Pulliam and Susan Warren write in the Saturday Wall Street Journal that there were four factors that convinced the Bancroft family, the majority owners of Dow Jones & Co., to talk to News Corp. CEO Rupert Murdoch about selling the owner of the Journal. But the biggest one was the […]
WSJ reporters, editors hope for another bidder
A group of about 15 Wall Street Journal reporters and editors met in a conference room at the paper’s headquarters Friday and said they hoped to find another bidder they could endorse, according to New York Times reporters Eduardo Porter and Louise Story in an article for Saturday’s paper. News Corp. CEO Rupert Murdoch has offered […]
Bancrofts, Murdoch will meet on Monday
Richard Perez-Pena of The New York Times writes for Saturday’s paper that Bancroft family member Leslie Hill is the one who pushed other members to talk to News Corp. CEO Rupert Murdoch about his offer to buy the company they control, Dow Jones & Co., the parent of The Wall Street Journal. Perez-Pena wrote, “On […]
Dow Jones would make sense for Buffett
TheStreet.com senior writer Mark DeCambre writes Friday that billionaire Warren Buffett, who has previously said he wasn’t interested in making a bid for Dow Jones & Co., the owner of The Wall Street Journal, would be a perfect owner for the business news publisher. DeCambre wrote, “But given the financial difficulties of the newspaper business, […]
It's WSJ vs. NYPost on Wall Street
Verena Dobnik of The Associated Press went to Wall Street on Friday to gauge the reaction of readers about the possibility that The Wall Street Journal and the New York Post would be owned by the same company if News Corp. CEO Rupert Murdoch was allowed to buy Dow Jones & Co. Dobnik wrote, “The […]
Bancrofts need to come to table with impolite questions
Slate.com media columnist Jack Shafer writes Friday that the Bancroft family needs to be prepared to ask News Corp. CEO Rupert Murdoch some nasty questions when they meet with him to discuss selling Dow Jones & Co., the parent of The Wall Street Journal, for a proposed $5 billion. Shafer wrote, “The rotten old bastard […]
After years of making bad moves, did Bancrofts get one right?
Paul Thomasch of Reuters writes Friday about the multiple bad decisions made by the Bancroft family that controls Dow Jones & Co., the owner The Wall Street Journal, from picking bad executives to run the company to ignoring it outright. But they finally may have gotten one decision right. Thomasch wrote, “‘This is a deal […]
Ottaway disappointed in Bancroft family decision
Jim Ottaway, a former senior vice president of Dow Jones & Co. who ran its community newspaper division, issued a statement Friday posted on The Wall Street Journal web site expressing disappointment in the Bancroft family’s decision to discuss selling the company to News Corp. CEO Rupert Murdoch. Ottaway stated, “The best guarantee of the […]
