Categories: OLD Media Moves

Dow Jones working on personal finance site for younger audience

The New York Post’s Keith Kelly is reporting that Wall Street Journal parent Dow Jones & Co. is developing with Barry Diller a personal finance web site operation that will be aimed at a younger audience.

Kelly wrote, “The Wall Street Journal’s David Kansas, who has been editing the Money & Investing section – one of the main power jobs at the paper – is expected to leave that job to become the CEO and president of the new operation.

“Insiders said the deal could be announced at any time. ‘It’s been imminent for weeks now,’ said one source, who said the hold up was just the ‘usual things that delay deals.’

“Kansas is no stranger to the Web; his background includes being editor-in-chief of TheStreet.com.

“At the outset, about 30 to 40 editorial people are expected to be hired by Kansas.

“Nikhil Deogun, deputy editor of the Journal’s Washington D.C. bureau is expected to move to New York to take over Kansas’ spot. Deogun declined to comment. Monica Langley will fill Deogun’s job.”

Read more here. Kansas is the current president of the Society of American Business Editors and Writers.

This was confirmed in a press release issued by Dow Jones on Friday morning.

Recent Posts

Crain’s Chicago seeks an AME of news

Crain's Chicago Business is a leading source of news, analysis, and information on the business,…

6 hours ago

FT’s Agenda hires Sandler as associate editor

Emma Sandler has been hired as associate editor at Agenda, a publication under the FT…

10 hours ago

Claman of Fox Biz inducted into Cable Hall of Fame

Cablefax Daily interviewed Fox Business Network anchor Liz Claman on her induction into the Cable Hall…

12 hours ago

BBC News hires Edwards as money, work and tech reporter

BBC News has hired Charlotte Edwards as a reporter covering money, work and technology. She previously was…

13 hours ago

Maher named Reuters deputy breaking news editor for Middle East

Reuters has promoted Hatem Maher to deputy breaking news editor for the Middle East. Maher has been…

14 hours ago

Financial Post hires Cousins as a senior editor

Canada's Financial Post has hired Ben Cousins as a senior editor. He has been working as a…

14 hours ago