Analyst: WSJ would shutter European editions, FT to end U.S. edition if deal
A Dow Jones Newswires story about the the possibility of the parent company of the Financial Times and GE, the parent of business news cable network CNBC, joining together to purchase Dow Jones & Co., the parent of The Wall Street Journal, quotes analysts as saying foreign editions of the papers would close under such […]
Union files unfair labor charges against Dow Jones
The union that represents business journalists at The Wall Street Journal, Barron’s, Marketwatch and Dow Jones Newswires has filed two unfair labor charges against Dow Jones & Co. The union says that the charges cover the company’s decision to give extra vacation to everyone except union members, and its effort to turn what have been voluntary […]
Wall Street Journal editor changes announced
The Wall Street Journal made official what had already been reported in the New York Times Wednesday and on the BusinessWeek web site Tuesday — there are major changes among the top editors at the paper. Here they are: Bill Grueskin, managing editor of the Wall Street Journal Online, has been named deputy managing editor […]
Dow Jones union says Murdoch bid is threat to jobs
Steve Yount, the president of the union that represents business journalists at The Wall Street Journal, Barron’s, Marketwatch and Dow Jones Newswires, says in a statement to members that the $5 billion offer to purchase Dow Jones & Co. from News Corp. CEO Rupert Murdoch must be opposed to protect quality journalism. Yount wrote, “We […]
TheStreet.com could benefit from financial media M&A
The Seeking Alpha web site speculates that TheStreet.com could be an acquisition target due to interest in financial media properties in recent months as well as the growing interest in online trading. It wrote, “News Corp. bids for Dow Jones. Thompson buys Reuters. While TheStreet.com is certainly not in the same class as either of […]
WSJ is behind others online
Sramana Mitra writes on the Seeking Alpha web site that News Corp. CEO Rupert Murdoch will need to overhaul the Wall Street Journal’s web operations to make it the No. 1 business news site if he is successful in acquiring Dow Jones & Co., its parent. Mitra wrote, “Even though, they own the The Wall […]
Internet executive, Wall Street group interested in Dow Jones
Reuters reports that a “Wall Street group” and an Internet entrepreneur want to mount a counterbid to News Corp. CEO Rupert Murdoch‘s $5 billion offer for Dow Jones & Co., according to an interview with an advisor for the union that represents business journalists at The Wall Street Journal, Barron’s, Marketwatch and Dow Jones Newswires. The story stated, […]
Dow Jones union stronger than in the 1980s, but will still lose
Forbes.com columnist Gary Weiss writes on the Seeking Alpha web site that the union representing business journalists at Dow Jones & Co. properties The Wall Street Journal, Barron’s, Marketwatch and Dow Jones Newswires is much stronger than it was in the 1980s, but will still lose out to News Corp. CEO Rupert Murdoch. Weiss wrote, […]
Union's list of potential Dow Jones bidders came from reporters
Frank Ahrens of The Washington Post writes for Wednesday’s paper that the union representing business journalists at The Wall Street Journal, Barron’s Marketwatch and Dow Jones Newswires got its list of billionaires who might be interesting in bidding for parent company Dow Jones & Co. to thwart the offer made by News Corp. CEO Rupert […]
Dow Jones union seeks alternatives to Murdoch bid
The union that represents business journalists at The Wall Street Journal, Dow Jones Newswires, Barron’s and Marketwatch said Monday that it has hired an advisory firm to help it seek alternatives to selling Dow Jones & Co. to News Corp. CEO Rupert Murdoch. The statement said, “IAPE believes that the best safeguard to the independence […]