Pilot project at NYTimes biz section
In his final column as the New York Times public editor, Barney Calame writes about a pilot project under way in the business section of the paper that seeks to integrate the print and online operations on a 24/7 basis. Calame, a former deputy managing editor at The Wall Street Journal, wrote, “In a vital […]
Even the PR people are worried about business journalism's future
Kari Hanson, director of corporate communications at Zoominfo, has some interesting perspectives about two recent events in business journalism on her First Person PR blog. The two events are the resgination of PC World’s editor because of what he perceived to be meddling in the editorial content and News Corp.’s $5 billion “friendly offer” to […]
Longest market bull run in 80 years ignored by media
Tom Blumer writes on the NewsBusters web site that except for a story on CNNMoney.com, the financial press has ignored the longest bull run in 80 years for the stock market. Blumer wrote, “The pervasive lack of coverage is stunning. Two Google News searches (on ‘since 1927‘ [not in quotes] and ‘80 years,’ [in quotes]) […]
Upheaval in financial news
Steve Lohr of the New York Times writes Saturday that News Corp.’s office to buy Dow Jones & Co. for $5 billion plus Thomson’s overtures to Reuters Group Plc signal massive upheaval in the financial news business. Lohr wrote, “Financial news and information, they say, has a growing worldwide audience, and that affluent community is […]
Critique of deal coverage overblown
TheDeal.com executive editor Yvette Kantrow writes that a recent critique of merger and acquisition coverage by The Audit used examples to make its point that were weak. Kantrow wrote, “Indeed, The Audit’s evidence that ‘the business press loves the deal’ amounts to excerpts from three recent first-day stories in The Wall Street Journal, The New […]
How would Murdoch run the Wall Street Journal?
Richard Siklos of the New York Times writes Thursday about how News Corp. CEO Rupert Murdoch would run The Wall Street Journal if he is successful in acquiring its parent company, Dow Jones & Co. Siklos wrote, “First, Mr. Murdoch does not mind losing money in the short term to satisfy his competitive goals. And […]
Big payout for Dow Jones executives if company is sold
Eric Dash of the New York Times writes Thursday that executives and employees of Dow Jones & Co. stand to make a lot of money if the owner of The Wall Street Journal, Barron’s and Marketwatch is sold now that an offer has been made. Dash wrote, “For Richard F. Zannino, who became the chief […]
Dow Jones stock price remains high, which means company might sell
TheStreet.com reporter Nat Worden writes that because the stock price of Dow Jones & Co. has remained stable in Wednesday trading even though a majority of the Bancroft family has indicated it’s opposed to selling the owner of The Wall Street Journal to News Corp. indicates that they may have to consider selling to someone. Worden […]
NYTimes.com launches small business web site
NYTimes.com today announced Wednesday the launch of Small Business, a new online section dedicated to current news and resources for small business owners, entrepreneurs and general managers. The new Small Business section includes weekly columns and features from Times journalists and third-party sources, including AllBusiness.com, Inc. Magazine and SmallBusiness.org, as well as a Resource Center […]
Murdoch's timing is impeccable
New York Times business columnist Joe Nocera writes for Wednesday’s paper that News Corp. CEO Rupert Murdoch’s $5 billion bid for Wall Street Journal owner Dow Jones & Co. is impeccable in its timing. Nocera noted that Dow Jones replaced its CEO slightly more than a year ago, and yet the stock price has done […]
