WSJ ME Thomson: Reporters will be judged on whether they break news
TALKING BIZ NEWS EXCLUSIVE Wall Street Journal managing editor Robert Thomson sent the following memo — which signals that Dow Jones plans to compete more aggressively against Reuters, Bloomberg and AP — to all Journal and Dow Jones Newswire reporters on Thursday: “There is no doubt that co-operation between Newswires and Journal journalists has improved markedly […]
Stronger coming out of the recession than going in
Clare Hart, an executive vice president at Dow Jones & Co., talks to Shuchi Bansai of The Business Standard in India about the company’s plans to launch a facsimile edition of The Wall Street Journal and other issues. Here is an excerpt: Newspapers are declining in most markets. You know what’s going on with newspapers […]
Reviewing the Barney Kilgore story
Myron Kandel, founding financial editor at CNN and a longtime business journalist, reviews the Richard Tofel book “Restless Genius” about Barney Kilgore, who turned The Wall Street Journal into America’s top business newspaper. Kandel, in a review in The Journal, writes, “While researching his biography, Mr. Tofel — who worked at the Journal in several capacities, […]
Tracking the Merck/Schering-Plough coverage
Dean Rotbart of NewsBios spent Monday live blogging about the coverage that Merck’s pending acquisition of Schering-Plough. Here are some excerpts: You won’t find any streaming video on the Merck-Schering combination at WSJ.com, unlike January 26th when Pfizer agreed to buy Wyeth. Why not? Could it be because last month the Journal laid off long-time […]
Dow Jones launches three new blogs
Dow Jones announced Monday the launch of three blogs that offer news on private equity, venture capital and bankruptcy. These blogs are available for free on The Wall Street Journal’s site at www.WSJ.com and are produced by editors of Dow Jones subscription publications Private Equity Analyst, VentureWire and Daily Bankruptcy Review. The blogs can be […]
Pay sites can work
Jack Shafer of Slate writes about the pay model for online news and information and notes that some of the most successful ventures in this area have been in business and consumer journalism. Shafer writes, “Wildly unique and immensely useful describes the paid site ConsumerReports.org. If you’re in the market for a new sewing machine, […]
Dow Jones to seek wage freeze for union newsroom workers
Dow Jones & Co., the parent of The Wall Street Journal, Dow Jones Newswires, Barron’s and Marketwatch, said Friday that it would seek a salary freeze for union-represented staff as it conducts negotiations for successor collective-bargaining agreements going forward. The measure was one of many outlined by the company in its attempts to lower its expenses in the […]
WSJ, Dow Jones continues to grow
News Corp. CEO Rupert Murdoch made the following comments about Dow Jones & Co. and The Wall Street Journal on the company’s earnings conference call Thursday. Murdoch stated, “Over the past year, the Wall Street Journal has added new pages and launched a luxury magazine that has attracted 30 new advertisers for the franchise. We […]
WSJ cuts 14 jobs in addition to 11 lost earlier via attrition
Wall Street Journal managing editor Robert Thomson sent the following message to the newspaper’s staff on Thursday: “It is obvious to you all that we are in the midst of an unprecedented economic downturn. We are also in the midst of an unprecedented increase in our readership, in print and online, but a precipitous decline in […]
Covering food recalls
Dean Rotbart of NewsBios.com writes Wednesday that the media’s coverage of food recalls, including the latest peanut scare, in recent weeks has been perfunctory recitations of the Food and Drug Administration’s statements and actions. Rotbart writes, “The Associated Press, collectively, has covered the peanut recall better than any other domestic news organization, using reporters in D.C. […]
