Murdoch will walk away from Dow Jones with something
Laura Goldman, who worked on Wall Street for more than 20 years for such firms as Merrill Lynch and UBS Warburg, writes in a column syndicated by the McClatchy-Tribune News Service that News Corp. CEO Rupert Murdoch will eventually walk away from his offer to buy Dow Jones & Co., the parent of The Wall Street Journal, but only after […]
New SABEW president talks about business journalism
Gail DeGeorge, who was elected president of the Society of American Business Editors and Writers last week, is the Sun-Sentinel’s business editor, a position she has held for nine years. She is responsible for directing the coverage of South Florida’s business community by a staff of ten reporters, four assistant editors and an editorial assistant. […]
Ottaway vs. Murdoch
Reuters reporter Robert MacMillan posted part of his interview with former Dow Jones executive James Ottaway Jr. on the Reuters blogs about News Corp. CEO Rupert Murdoch‘s bid to buy the parent of The Wall Street Journal. Here’s part of it: Q: Why you? A: I’m no longer an insider… The Bancroft family is so […]
Shafer: Murdoch lied to the FT
Slate.com media critic Jack Shafer writes that News Corp. CEO Rupert Murdoch lied to the Financial Times in his bid to convince Dow Jones & Co. owners to sell the Wall Street Journal’s parent company to him. Shafer wrote, “Murdoch pillories the truth on Page One of today’s Financial Times. ‘Murdoch denies Beijing kowtow as […]
Options market predicting Murdoch gets Dow Jones
Dana Cimilluca of The Wall Street Journal writes on its Deal Journal blog that the options market is betting that News Corp. CEO Rupert Murdoch may be successful in his bid to acquire Dow Jones & Co., the parent of the Journal. Cimilluca wrote, “According to a research report from Citigroup analyst William Bird that […]
WSJ should hire outside journalists to cover itself
Alan Mutter, a former journalist who is now managing partner of Tapit Partners in California, writes on his Reflections of a Newsosaur blog that the Wall Street Journal should hire outside reporters to cover the bid for Dow Jones & Co., its parent. Mutter wrote, “When the Journal started reporting on the story after it […]
Murdoch says he doesn't bow to China
Aline Van Duyn and Joshua Chaffin of The Financial Times write that News Corp. CEO Rupert Murdoch defending himself against accusations that he influences editorial content in his newspapers regarding China. The comments were done to try to calm concerns that he would influence the editorial content of The Wall Street Journal if allowed to […]
Key Bancroft member opposes sale
Matthew Karnitschnig and Susan Warren of The Wall Street Journal write Thursday that a key member of the Bancroft family opposes selling Dow Jones & Co. to News Corp. CEO Rupert Murdoch. They wrote, “‘Why would I risk that?’ said Christopher Bancroft, who also is a Dow Jones director, in his first public comments about […]
Bancrofts will meet on Wednesday to discuss Murdoch offer
Matthew Karnitschnig of The Wall Street Journal reports Wednesday that the Bancroft family that controls Dow Jones & Co., the parent of the Journal, plans to meet Wednesday to discuss News Corp. CEO Rupert Murdoch‘s $5 billion offer for the company. Karnitschnig wrote, “Some members of the clan believe the family should explore the matter […]
Steiger: Not a lot of anguish in decision
Paul Steiger, the managing editor of the Wall Street Journal who had been told by News Corp. CEO Rupert Murdoch that a bid had been made for Dow Jones & Co., the parent of the Journal, said Tuesday that the decision not to tell the paper’s reporters “did not cause me a lot of anguish.” […]
