Head of Dow Jones Digital is out

Dow Jones & Co., the parent of The Wall Street Journal, has removed its head of digital, Michael Rolnick, amid a strategy shakeup that has been unfolding over the past month, Joe Pompeo of Capital has learned. Pompeo writes, “A Silicon Valley veteran hired by Fenwick in August 2013, Rolnick’s job was to increase digital […]

News Corp. CEO: DJX to get flexible pricing

Dow Jones & Co. will adjust the pricing of its DJX subscription product to make it “more flexible and thus more compelling to clients,” News Corp. chief executive Robert Thomson said Thursday. Joe Pompeo of Capital New York writes, “On a Thursday afternoon conference call with Wall Street analysts, Thomson said the decision to change course […]

VentureWire seeks copy editor

Dow Jones & Co. seeks a copy editor for VentureWire, the industry’s leading publication, and Venture Capital Dispatch, the Wall Street Journal’s venture capital blog. This position includes several key responsibilities, including editing stories for the VentureWire newsletter and the blog; making news judgments on top stories; writing headlines; closing the publication using our publishing […]

Dow Jones CEO departure came after revenue slide

CEO Lex Fenwick’s surprise exit from Dow Jones & Co. came after some banks and other financial clients balked at the former chief executive’s ambitious new product, DJX, which sent sales tumbling, reports Jennifer Saba of Reuters. Saba writes, “Several sources said institutional sales have dropped significantly since the April 2013 launch of DJX, a […]

Interim Dow Jones CEO: We will invest in journalism

William Lewis, the interim chief executive officer of Dow Jones & Co., the parent of The Wall Street Journal, sent out the following message to the staff on Monday: It has been two weeks since I was appointed Interim CEO, and I wanted to write to thank the many people across the company who have […]

Union leader to Dow Jones employees: We will get best deal

Bob Kozma, the president of the Independent Association of Publishers’ Employees, the union that represents business journalists at The Wall Street Journal, Dow Jones Newswires and Marketwatch.com, sent out the following note to its members: First we had the Bancrofts as owners. Now we have the Murdochs. We have endured Peter Kann and Rick Zannino […]

Repak becoming Dow Jones director of global real estate

Alan Anspaugh, editor of news operations for The Wall Street Journal and Dow Jones, sent out the following staff announcement on Tuesday afternoon: Chaz Repak, our Deputy Editor, News Operations, is advancing to the corporate front lines, becoming Dow Jones’s Director of Global Real Estate. That’s good news, as Chaz brings 21 years of knowledge […]

With Fenwick gone, Thomson on the hot seat

Leon Lazaroff of TheStreet.com writes about News Corp. CEO Robert Thomson‘s challenges in improving the operations at Dow Jones & Co., the parent of The Wall Street Journal, Marketwatch.com and Barron’s, with the departure of its CEO, Lex Fenwick. Lazaroff writes, “Thomson must now decide whether to even retain DJX or concentrate on the company’s […]

Fenwick out as Dow Jones CEO; company to review institutional business

Lex Fenwick, who joined Dow Jones & Co. nearly two years ago after being a Bloomberg executive, has left the company abruptly. William Lewis, currently the chief creative officer, has been named interim CEO and plans to review Dow Jones’ institutional strategy. Fenwick has been hired to make Dow Jones, the parent of The Wall […]

WSJ completes real-time news desk aimed at “raising” digital game

Wall Street Journal managing editor Gerard Baker sent out the following announcement on Tuesday: Today marks a significant step forward  in the integration and digitization of the newsroom, as 60 of our colleagues arrive on the 6th floor of 1211 to complete the new Real-Time News Desk that sits at the center of our news […]