New WSJ ME: Industry suffers from morose attitude

In an interview with Editor & Publisher’s Joe Strupp, new Wall Street Journal managing editor Marcus Brauchli said that the industry suffered from too much “moroseness.” Strupp wrote, “Declining to offer specifics about any changes he plans in the top post, Brauchli said the Journal would continue to focus on a mix of foreign and […]

Peter Kann's sendoff at Dow Jones annual meeting

Former Dow Jones & Co. CEO Peter Kann, who retired from the company at Wednesday’s annual meeting after a career that included winning a Pulitzer Prize while a reporter at the Wall Street Journal, received a hostile sendoff, according to Reuters reporter Robert MacMillan, writing on a Reuters blog. MacMillan wrote, “He got his sendoff at […]

Will new WSJ ME be bad news for flaks?

The Valleywag blog has an interesting take — it’s not good for PR people — on the naming of Marcus Brauchli as the new managing editor of the Wall Street Journal. Valleywag wrote, “Marcus Brauchli, who takes over from Paul Steiger at the helm of the powerful business newspaper, is a noted opponent of the […]

NYT: Brauchli the choice of WSJ newsroom

Reporters Katherine Seelye and Richard Perez-Pena write in the New York Times that the appoinment of Marcus Brauchli as the new Wall Street Journal managing editor was greeted with enthusiasm in the newsroom. They wrote, “People at The Journal said that Mr. Brauchli had the overwhelming backing of the newsroom as well as the support […]

Brauchli named new ME at Wall Street Journal, replacing Steiger

Marcus W. Brauchli, 45, will become the Wall Street Journal’s new managing editor, replacing Paul Steiger, according to a news release. Brauchli, who joined Dow Jones in 1984 and is a Columbia University graduate, will report to L. Gordon Crovitz, executive vice president of Dow Jones & Co. and publisher of the Journal. The change […]

How the WSJ stories on backdating originated

David Warsh, writing on the Economicprincipals.com web site, has a great story about how the Wall Street Journal’s series on backdating of stock options, which earlier this week won a Pulitzer Prize, was reported, and how it’s been criticized by a columnist on the paper’s editorial page. Warsh wrote, “[Mark] Maremont’s story was scrupulously clear, […]

Online will be more than half of Dow Jones revenue by 2009

Dow Jones & Co., which publishes The Wall Street Journal and Barron’s, will have more than half of its revenue come from online publishing by 2009, CEO Richard Zannino said at its annual meeting on Wednesday. A Reuters story stated, “Dow Jones, publisher of the Wall Street Journal, is one of the few newspaper companies […]

Subscriptions up at online Wall Street Journal, Barron's

Dow Jones & Co. reported first quarter earnings on Tuesday, and the release disclosed some interest numbers in relation to advertising and subscription growth at the online editions of The Wall Street Journal and Barron’s. The release stated, “Advertising revenue at Dow Jones Online was up 30%, and international advertising revenue was up 9.6%, more […]

Imus and the financial press

Forbes.com columnist Gary Weiss says goodbye to fired CBS Radio host Don Imus by remembering how he personally attacked a Wall Street Journal reporter on his show for writing a story about his New Mexico ranch for kids. Weiss wrote, “Apart from his record of rampant racism, it mustn’t be forgotten that he personally attacked […]

Slow progress in Dow Jones/union talks

The union representing business journalists at The Wall Street Journal, Barron’s and Marketwatch says that its negotiations with parent company Dow Jones & Co. on Wednesday showed some progress, with the company offering a “slightly raised” wage offer. In an update posted on its web site, the Independent Association of Publishers’ Employees local 1096 stated, […]