Categories: OLD Media Moves

Harwood moves to NYT because of Murdoch deal for WSJ

Michael Calderone of Politico writes Tuesday that John Harwood is leaving his gig at The Wall Street Journal for the New York Times because it will allow him to continue appearing long term on CNBC.

If he stayed at the Journal, which is being acquired by News Corp. CEO Rupert Murdoch, he might be asked to appear on Fox Business Network.

Calderone wrote, “Similar to the way Fox News aggressively went after CNN a decade ago, Fox News president Roger Ailes has publicly said that CNBC is the primary target for his upstart business network.

“But, according to Harwood, who counts 16 years at the Journal, there was never any pressure to leave the paper or relinquish his CNBC duties.

“‘I didnâ€™t have to change anything over the short term,’ Harwood said. ‘But if you look forward, itâ€™s not tenable.’

“Harwood, like many of his colleagues, was an early critic of Murdochâ€™s unsolicited $60-a-share bid for Dow Jones, made public on May 1.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.