Covering meltdown of financial companies has been demanding
Marketwatch media columnist Jon Friedman examines Friday the demands that the struggles of financial companies in the past year have placed on business journalists. Friedman writes, “For financial journalists, the biggest challenge may be trying to accumulate instant expertise in so many areas. “‘You have to get a primer on Fannie and Freddie,’ lamented [Newsweek […]
Dow Jones online sites report gains in readership
Dow Jones & Co. released data from Omniture on Wednesday that showed strong gains among its business journalism Web sites. The Wall Street Journal Digital Network generated a record number of average monthly visitors for the quarter, with an average 24.2 million visitors. For the month of June, The Wall Street Journal Digital Network reported a 74 […]
Why Merrill Lynch should keep its stake in Bloomberg
David Callaway, the editor in chief of Marketwatch, writes that Merrill Lynch should keep its 20 percent stake in Bloomberg L.P. , the parent of Bloomberg News, and sell another asset such as its stake in money manager BlackRock Inc. if it needs to raise money. Callaway writes, “A buyer of the Bloomberg stake would […]
Nocera likes to offend readers
Marketwatch media columnist Jon Friedman writes Friday about New York Times business columnist Joe Nocera, a Pulitzer finalist whose columns are well-reported and often take a contrarian viewpoint. Friedman writes, “There are four stages to a typical Nocera column, as he sees it: ‘I do the reporting. I challenge people. I present a back-story. And […]
Dow Jones to use software to combine print and online
Dow Jones & Co. has signed a deal with Eidos Media to use its Methode software for the print and online editions of The Wall Street Journal, Barron’s and Marketwatch. A story from Newspapers & Technology stated, “The implementation will serve reporters, editors and designers at newsrooms in the United States, Europe and Asia, all […]
Why TV business journalists owe a debt to Myron Kandel
Marketwatch media columnist Jon Friedman takes a look at the career of CNN’s Myron Kandel, who paved a trial for reporting business news on cable television that has allowed others to make a career out of it. Friedman writes, “He worked at CNN for 25 years, serving as the network’s financial editor and a very popular […]
Gharib is the real Money Honey
Marketwatch media columnist Jon Friedman profiles “Nightly Business Report” anchor Susie Gharib and proclaims her to be the least-heralded business news star because her show has more viewers than CNBC. Friedman writes, “When Gharib was at Fortune, ESPN called and her TV career took off. By the time she moved to WABC, financial news was […]
News Corp. starts ad network for financial news sites
Tim Mullaney of Bloomberg writes about the new ad network that News Corp. has started for its financial news sites acquired in the Dow Jones & Co. deal. Mullaney writes, “Worthnet.Fox will sell ads for the international versions of Barron’s Online, the Wall Street Journal Online and Marketwatch.com, as well as sites not owned by […]
Mason of CBS is master business storyteller
Marketwatch media columnist Jon Friedman takes a look Friday at CBS News correspondent Anthony Mason, who weaves stories about business and finance in the tradition of Charles Kuralt. Friedman writes, “Mason, who has been reporting for CBS since the 1980s, said he ‘raised his hand’ a decade ago to volunteer for the business beat, but […]
Bloomberg poised, but internal politics will decide fate
Marketwatch media columnist Jon Friedman writes Wednesday that the hiring of Norman Pearlstine to be chief content officer at Bloomberg News signals the business wire is poised for “something big,” but internal politics will ultimately decide what those changes will be. Friedman writes, “His presence underscores what I — a former employee of the company […]
