Dow Jones/News Corp. deal unlikely to succeed
The M&A Researcher writes that the proposed $5 billion acquisition of Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch, by News Corp. is unlikely to happen. The Researcher wrote, “It is fairly obvious that DJ is employing tactics which are intended to draw a more attractive offer from NWS […]
What would WSJ disclosure be with Murdoch as owner?
Slate.com media critic Jack Shafer wonders Wednesday how long the disclosure would be in The Wall Street Journal if News Corp. CEO Rupert Murdoch is successful in purchasing its parent company, Dow Jones & Co. Shafer notes that the Journal currently uses a disclosure sentence that mentions that Dow Jones owns Barron’s, Marketwatch, Factiva and […]
Reviewed.com claims it's better than Consumer Reports
Marketwatch media columnist Jon Friedman writes Monday about Reviewed.com and its founder, Robin Liss, who has yet to turn 23 but claims her consumer products web site is better than Consumer Reports in many areas. Friedman wrote, “Days shy of her 23rd birthday, Liss is the founder and chief executive of Reviewed.com, a network of […]
Greenspan willing to team up to bid for Dow Jones
Brad Greenspan, the former CEO of the company that once owned MySpace, told The Los Angeles Times that he would be willing to work with an investment firm recruited by Dow Jones & Co. staffers to fashion a joint bid for the financial news empire. Greenspan has made an offer to buy 25 percent of […]
Bancroft temperature must now be taken
Sarah Ellison of The Wall Street Journal writes that now that Dow Jones & Co. and News Corp. have agreed on principles to protect the newspaper from interference, the measures need to be taken to the Bancroft family that controls the company. The Bancrofts still have the final say on whether to sell Dow Jones, […]
Dow Jones and News Corp. reach agreement on WSJ safeguards
Reuters is reporting that Dow Jones & Co., the parent of The Wall Street Journal, and News Corp. have reached an agreement for editorial safeguards preventing News Corp. executives from meddling in the Journal’s journalism content. The agreement should pave the way for News Corp. to now negotiate a deal to acquire the parent company […]
Wall Street Journal wins two Loeb Awards
The Wall Street Journal, Baltimore Sun, Fort Worth Star-Telegram, Marketwatch, The New York Times and Syracuse Post-Standard were winners of the 2007 Gerald Loeb Awards given out Monday evening in New York. Charles Fishman of Fast Company magazine and columnist Steve Bailey of the Boston Globe also received awards, considered the Pulitzer Prizes of business journalism. […]
Dow Jones board move signals rift with Bancroft family
The decision by the Dow Jones & Co. board to take over negotiations with News Corp. CEO Rupert Murdoch and other potential bidders for the company that owns The Wall Street Journal, Barron’s and Marketwatch signals a growing rift between the Bancroft family that controls the company and the business itself, writes Sarah Ellison of […]
Bidder says he can triple views to WSJ.com and Marketwatch, beat CNBC
Internet executive Brad Greenspan, who offered Wednesday to purchase a 25 percent stake in Dow Jones & Co., the parent of The Wall Street Journal, said in a letter to its board that he believes he can triple the views to the newspaper’s web site as well as to Marketwatch.com, which is also owned by […]
Former MySpace CEO seeks stake in Dow Jones
The former CEO of social-networking site MySpace says he will seek a non-controlling stake in Dow Jones & Co., the parent company of The Wall Street Journal, Barron’s and Marketwatch, through a $60-per-share “Dutch auction,” reports Stephanie Kang of The Journal. Kang wrote, “An investment group led by Internet entrepreneur Brad Greenspan sent a letter to the board […]