Fox makes it official: Biz network will launch in fourth quarter
News Corp. finally issued a press release Thursday afternoon stating that its Fox Business Channel would hit the airwaves in the last three months of this year. The release stated, “Presently, FOX Business Channel has 30 million subscribers under contract after securing distribution agreements with multiple cable operators, including: Time Warner; Comcast; Charter, and Direct […]
Friedman: Claman is the anti-Bartiromo
Marketwatch media columnist Jon Friedman profiles CNBC anchor Liz Claman on Wednesday and comes away impressed with her low-key personality and demeanor, which he says is in stark contrast to Maria Bartiromo. Friedman wrote, “By contrast, the unpretentious Claman, who joined CNBC in 1998 and now anchors ‘Morning Call,’ almost seems out of place in […]
Dow Jones hires consultant to find more revenue
Marketwatch is reporting that Dow Jones has hired consulting firm Booz Allen Hamilton to find ways to increase its revenue through blogs and other products. Reporter Shira Ovide wrote that Wall Street Journal publisher Gordon Crovitz “said in an interview that the company is evaluating potential new specialty products similar to blogs related to legal […]
What the Bartiromo/Citigroup scandal tells us about ourselves
David Weidner, who covers Wall Street for Marketwatch, has what I consider to be the most insightful commentary about the recent controversy surrounding CNBC anchor Maria Bartiromo‘s trip on a Citigroup corporate jet. Weidner wrote, “What if I told you that the other day I spent eight hours on a plane with a high-ranking female […]
Friedman: It's all CNBC's fault
The public relations disaster for CNBC that has resulted from the disclosure that anchor Maria Bartiromo took a trip on the Citigroup jet that led to the ouster of one of its executives is the network’s fault, writes Marketwatch media columnist Jon Friedman. Friedman wrote, “Bartiromo’s image as a hard-working, responsible journalist was shattered. And […]
Dow Jones management budges slightly on wage proposal
Dow Jones management, which is currently negotiating with the union that represents business journalists at its Wall Street Journal, Barron’s and MarketWatch publications, nudged a bit on Tuesday in terms of what it offered for future salary increases. According to an update on the union’s web site, “We are seeing some additional signs of movement […]
Former analyst Blodget slams Cramer show
Former tech stocks analyst Henry Blodget, writing on Slate, takes aim at Jim Cramer and his CNBC show “Mad Money” for dispensing bad investment advice. Blodget wrote, “The more I thought about Cramer, the more I realized that pointing out that he gives terrible investment advice would be like pointing out that the sun rises. […]
New president of NY Financial Writers elected
Sheila Mullan, a senior bond reporter at Market News International, was elected president of the New York Financial Writers Association earlier this week. Mullan, who covers the U.S. Treasury bond market, had been vice president of the organization during the last year. She has also worked as a freelance writer at the New York Times […]
Friedman wonders why CNBC isn't covering Bartiromo story
Marketwatch media columnist Jon Friedman points out something today about the Maria Bartiromo/Citigroup flap that no one else has bothered to note: Why hasn’t her own network, CNBC, covered the story? Friedman wrote, “Apparently, CNBC’s damage-control strategy is to hope that this unwanted intrusion will play itself out and simply go away. The network may […]
Union talks tough with Dow Jones management
E.S. “Jim” Browning has been a Wall Street Journal reporter for more than 27 years, in Hong Kong, Tokyo, Paris and New York. He currently write about financial markets and investing for the Journal. But for the hundreds of business journalists who work at the Journal or Dow Jones properties such as MarketWatch, Barron’s and […]
