Winners and losers in WSJ purchase by Murdoch
Stephen Foley of The Independent newspaper in London has his list of winners and losers once News Corp. CEO Rupert Murdoch completes his apparent purchase of Dow Jones & Co., the parent of The Wall Street Journal. They include: Bloomberg, Reuters/Thomson: Thanks to the ‘Journal’ and the upcoming Fox Business Channel, News Corp is likely […]
Rupert and the business side of Dow Jones
Louis Hau of Forbes.com takes a look at what might happen to the business side of Dow Jones & Co., the parent of The Wall Street Journal, if News Corp. CEO Rupert Murdoch is successful in purchasing the company from the Bancroft family. Hau wrote, “If anything, Murdoch has expressed an interest in reversing Dow […]
How Dow Jones will help the new Fox Business Channel
Marketwatch media columnist Jon Friedman calls News Corp.’s $5 billion offer to acquire Dow Jones & Co., the parent of The Wall Street Journal, almost a done deal now that the two sides have agreed to editorial safeguards preventing CEO Rupert Murdoch from meddling in the journalism at the paper. So, Friedman says, it’s time […]
Pearlstine: WSJ brand won't transfer well to TV
Former Wall Street Journal managing editor Norman Pearlstine, speaking at the PriceWaterhouseCoopers media conference in New York on Tuesday, said he doesn’t beliebe that the newspaper’s brand name will transfer well to television if News Corp. CEO Rupert Murdoch decides to use the paper to help launch Fox Business Channel. Paul LaMonica, who covers the […]
Hennessey named managing editor of Fox Business Channel website
Ray Hennessey has been named managing editor and director for the Fox Business Channel website, announced Kevin Magee, executive vice president of Fox News. Reporting directly to Magee, Hennessey will oversee all editorial content and design function of the website. The website is expected to launch later this fall when the channel launches. In making […]
CNBC/Financial Times makes a lot of sense
Phil Rosenthal of The Chicago Times writes Friday that in the wake of the decision by their parent companies not to make a bid for Dow Jones & Co., the parent of The Wall Street Journal, having CNBC and The Financial Times work together makes a lot of sense. Rosenthal wrote, “Pearson’s Financial Times division […]
Pearson and GE decide against Dow Jones bid
General Electric Co., the parent of business news cable channel CNBC, said Thursday that it would not pursue a bid for Dow Jones & Co., the parent of The Wall Street Journal, with Pearson Plc, the parent of The Financial Times, according to a story on the Journal’s web site. In a statement, GE and […]
Hennessey to oversee Fox Biz web site?
Marketwatch media columnist Jon Friedman writes Friday that he’s hearing that Ray Hennessey, the editor of the SmartMoney web site, is being courted to oversee the web operations of the upcoming Fox Business Channel. He’ll work closely with Alexis Glick, director of business news for Fox. Friedman wrote, “Hennessey, like Glick, is a veteran of […]
What Murdoch's WSJ purchase would mean to business television
Richard Siklos of The New York Times writes for Sunday’s paper that News Corp. CEO Rupert Murdoch‘s proposal to purchase Dow Jones & Co., the parent of The Wall Street Journal, could transform business news on television as well. Siklos wrote, “If he succeeds, Mr. Murdoch will need to decide quickly how The Journal will […]
Erin Burnett is CNBC's secret weapon
Caroline Palmer of Broadcasting & Cable writes Monday about CNBC anchor Erin Burnett, whose appearance on the business news cable network has boosted its ratings and makes it more likely to withstand the competition from the new Fox Business Channel. Palmer wrote, “Burnett rises every morning at 5 a.m. and hops in a car bound […]
