News Corp CEO Thomson compensation slightly down
Robert Thomson, the CEO of News Corp., which is the parent of The Wall Street Journal, Barron’s, MarketWatch.com and Investor’s Business Daily, saw his compensation decrease slightly during its 2023 fiscal year. Thomson received $19.3 million in total compensation for the year, down from $19.7 million in the previous year, according to the company’s proxy […]
Longtime WSJ and Dow Jones journalist Austin departs company
Scott Austin, a longtime reporter and editor at Dow Jones Newswires and The Wall Street Journal who joined the company’s business side in 2019, has left the company. “Now I’m looking for ways to leverage my editorial skills with the business-development experience I gained on the corporate side of Dow Jones,” he wrote on Twitter on […]
New Zealand’s BusinessDesk strikes deal for WSJ content
New Zealand-based business news website BusinessDesk has struck a deal with Dow Jones & Co. that gives its subscribers access to Wall Street Journal content. BusinessDesk news content will also now appear in Factiva, Dow Jones’s research tool and global news and content collection service. “This is a huge moment for BusinessDesk,” says Pattrick Smellie, […]
Dow Jones CEO Latour on financial results
Dow Jones & Co. CEO Almar Latour sent out the following to the staff on Friday: Colleagues, I’m pleased to share that Dow Jones delivered record profits and record revenue in FY23, underscoring continued strength in our core business of consumer and corporate subscriptions. FY23 revenue was the highest on record since Dow Jones was broken out […]
News Corp CEO Thomson’s comments on Dow Jones
News Corp. CEO Robert Thomson made the following comments during its fourth quarter earnings conference call about Dow Jones & Co., the parent of The Wall Street Journal, MarketWatch.com, Barron’s and Investor’s Business Daily: Dow Jones posted its highest profitability for both the quarter and the full year since we acquired the company, helped by impressive results […]
Dow Jones reports highest profit since News Corp acquired it
Dow Jones & Co., the parent of The Wall Street Journal, MarketWatch.com, Barron’s and Investor’s Business Daily, reported a fourth-quarter profit of $133 million, a 25% increase from the same quarter a year ago and its best quarterly performance since it was acquired by News Corp. in 2007. Revenue for the quarter was $546 million, […]
Dow Jones makes leadership promotions, changes
Dow Jones & Co. CEO Almar Latour sent out the following on Monday: Colleagues, I am delighted to announce some well-deserved promotions for several business leaders who have been essential in driving growth for Dow Jones. These appointments will help sharpen our focus and position us for continued growth in FY24 and beyond as the world-leading news […]
Bloomberg hires Wong as weekend editor in Asia region
Michael Sin, team leader for breaking news in Asia for Bloomberg News, sent out the following to the staff: All, I’m pleased to announce that Yi Wei Wong will be joining as Breaking News APAC’s weekend editor. She’ll be based in Singapore and responsible for all things international wires and social media monitoring. Yi Wei will […]
WSJ union asks for 15% pay hike in negotiations
The union that represents journalists at The Wall Street Journal, MarketWatch.com and Barron’s asked Dow Jones & Co. for a 15 percent pay hike in the first year of a new deal to make up for inflation. The IAPE 1096 also called for a cap of three mandatory in-office working days for the life of […]
Dow Jones reports jump in revenue and earnings
Dow Jones & Co., the parent of The Wall Street Journal, MarketWatch.com and Barron’s, reported a 9 percent increase in revenue and a 24 percent increase in third-quarter profits, primarily due to acquisitions. The company is owned by News Corp., which separates its financial performance. Third-quarter revenue increased to $529 million while EBITDA profits increased […]
