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 […]
WSJ union to Murdoch: You just don't get it
The union that represents the business journalists at The Wall Street Journal, Barron’s and Marketwatch responded Friday in an e-mail to its members that comments made by News Corp. CEO Rupert Murdoch in a story in Friday’s New York Times show that he doesn’t understand the Journal. News Corp. offered to buy Dow Jones & […]
Trophy business at Dow Jones is online
Fortune senior editor David Kirkpatrick writes that the voluminous coverage of News Corp.’s proposed $5 billion offer for Dow Jones & Co. virtually ignores what he considers the company’s trophy business. It’s not The Wall Street Journal, Barron’s or Marketwatch, but the online operations. Kirkpatrick wrote, “Of course, Murdoch knows how to run papers as […]
Murdoch on what he likes — and doesn't like — about the Journal
Rupert Murdoch, the CEO of News Corp. talked to the New York Times for a story published Friday about what he reads in The Wall Street Journal in the wake of his company’s $5 billion bid for Dow Jones & Co., the parent of the Journal as well as Barron’s and Marketwatch. Richard Siklos and […]
News Corp. to woo Bancrofts, WSJ journalists
Dennis Berman, Matt Karnitschnig and Susan Pulliam of The Wall Street Journal wrote Friday that News Corp. plans to shmooze members of the Bancroft family as well as the journalists at The Journal in an attempt to convince both that its proposed $5 billion deal for Dow Jones & Co. would work. The reporters wrote, “The […]
The problems with buying Dow Jones
Joseph Lazzaro writes on BloggingStocks.com that one of the problems with News Corp.’s proposed $5 billion purchase of Dow Jones & Co., the parent of The Wall Srreet Journal, Barron’s and Marketwatch, is that how business journalism will be delivered to consumers in the future has not been decided. Lazzaro wrote, “Murdoch, his multimedia prowess and […]
WSJ reporters begin letter writing campaign to Bancrofts
According to an e-mail obtained by Dealbreaker.com’s John Carney, the reporters at the Wall Street Journal are beginning a letter writing campaign to the three board members of Dow Jones & Co. who are members of the Bancroft family that controls a majority of the voting stock. The journalists want the family members to resist selling […]
Cramer: Dow Jones board should take bid or resign
TheStreet.com’s Jim Cramer writes Thursday morning that the Dow Jones & Co. outside board members are all current or former executives of other companies who know something about creating shareholder value and thus should take the $5 billion offer from News Corp. to sell the owner of The Wall Street Journal, Barron’s and Marketwatch. Cramer […]
Jane, you ignorant slut
BusinessWeek has a nice debate on its web site between Los Angeles bureau chief Ron Grover and deputy news director of BusinessWeek.com Justin Bachman weighing the pros and cons of the News Corp. offer to buy Dow Jones & Co., the parent company of The Wall Street Journal, Barron’s and Marketwatch. Grover argues in favor […]
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 […]
