Business 2.0 has a nice update on the Dow Jones acquisition of the CBS Marketwatch web site, which occurred almost a year ago. Seems that the site has lost a lot of viewers and that Dow Jones, which does not have a good history when it comes to acquisitions, may have overpaid.
To read the article, go here.
This article should be a template for every business reporter in how to follow up on a deal on their beat a year later. The reporter has some great stats to back up the argument that the deal didn’t turn out as well as Dow may have intended. I wish all deals were looked at as skeptically as this — and not just deals involving the journalism business.
That said, the only time I look at MarketWatch is to read Jon Friedman’s media column. When I want business news online, I typcally go to www.wsj.com or Google’s business news page.
Crain's Chicago Business is a leading source of news, analysis, and information on the business,…
Emma Sandler has been hired as associate editor at Agenda, a publication under the FT…
Cablefax Daily interviewed Fox Business Network anchor Liz Claman on her induction into the Cable Hall…
BBC News has hired Charlotte Edwards as a reporter covering money, work and technology. She previously was…
Reuters has promoted Hatem Maher to deputy breaking news editor for the Middle East. Maher has been…
Canada's Financial Post has hired Ben Cousins as a senior editor. He has been working as a…