Disney CEO not worried about who owns WSJ
Todd Bishop, a reporter at the Seattle Post-Intelligencer, wrote about comments made by Walt Disney Co. CEO Bob Iger at the annual Society of American Business Editors and Writers conference about what the thinks about News Corp. CEO Rupert Murdoch‘s bid to acquire Dow Jones & Co., the parent of The Wall Street Journal. Iger […]
New SABEW board members elected
Miami Herald business editor Lisa Gibbs, University of North Carolina professor Chris Roush, Dow Jones Newswires reporter Dawn Wotapka Hardesty, CNBC reporter Rebecca Jarvis and SmartMoney.com editor Ray Hennessey were elected for the first time to the Society of American Business Editors and Writers board on Tuesday. Re-elected to the board were Seattle Times business […]
The Murdoch family woos the Bancroft family
Richard Siklos of The New York Times writes in Monday’s paper that the family of News Corp. CEO Rupert Murdoch, who has made a $5 billion bid to buy Dow Jones & Co., the parent of The Wall Street Journal, has mended its disagreements as its leader tries to woo the Bancroft family that controls […]
Professor News: Murdoch bid bad for public
Paul Janensch, who writes the Professor News Q&A column for the Connecticut Post, writes that News Corp. CEO Ruper Murdoch‘s bid to buy Dow Jones & Co., the parent of The Wall Street Journal, has some good points, but is bad for the public. Janensch wrote, “Business news is hot these days. The Thomson Corp., […]
Will NYPost scandal hurt Murdoch's WSJ bid?
James Barron and Campbell Robertson of The New York Times write Saturday that a growing scandal at the New York Post involving one of its former gossip writers may affect its owner, News Corp. CEO Rupert Murdoch, in his bid to acquire Dow Jones & Co., the owner of The Wall Street Journal. Barron and […]
Ineptness at Dow Jones put them in this pickle
New York Times columnist Joe Nocera writes Saturday that it’s the fault of the Bancroft family and past management at Dow Jones & Co., the parent of The Wall Street Journal, that has caused News Corp. CEO Rupert Murdoch to come along with an offer to buy the company. Nocera wrote, “Although there are four […]
$100 million not enough to launch Fox Business Channel
Joseph Lazzaro writes on BloggingStocks.com about the Fortune story on Thursday that said that the Fox Business Channel would be started with $100 million and says that’s not enough. Lazzaro wrote, “One veteran media professional, who spoke on the condition that he not be identified by name, said he’s delighted that Murdoch will inject ‘news competition […]
Few Dow Jones biz journalists selling stock
Charles Kaiser has an interesting item on the Portfolio.com site that despite the dramatic increase in Dow Jones & Co. stock due to the $60-a-share offer from News Corp. CEO Rupert Murdoch to buy the owner of The Wall Street Journal, few journalists there are selling their stock. Kaiser wrote, “For one thing, Dow Jones […]
Clashing cultures in Murdoch and WSJ
Roger Lowenstein writes in the New Republic that the issue with News Corp. CEO Rupert Murdoch acquiring Dow Jones & Co., the owners of The Wall Street Journal, is the culture clash between old money and new money. Lowenstein wrote, “Though Murdoch, like the Journal‘s editorial page, is famously right-wing, News Corp and Dow Jones […]
The Wall Street Journal gets no love for its work
Editors of The New Republic, in an editorial, lament the criticism lobbied at newspapers and argue that News Corp. CEO Rupert Murdoch‘s unsolicited bid for Dow Jones & Co., the parent of The Wall Street Journal, should be a rallying cry for liberals to stand behind the industry. They stated, “We don’t mean to sound […]
