Categories: OLD Media Moves

Remembering WSJ's Barney Kilgore

Dick Tofel, a former assistant publisher at The Wall Street Journal and the author of an upcoming book about Journal managing editor Barney Kilgore, writes in the paper’s editorial page on his 100th birthday about his lasting influence at the paper and in business journalism.

Tofel writes, “By the time he died prematurely in 1967, the Journal’s circulation had grown from 32,000 when he became editor to just under one million, on its way to more than two million today.

“Finally, Kilgore’s Journal cemented its reputation for independence and integrity by facing down General Motors, then the nation’s largest company and the newspaper’s largest advertiser, in a confrontation over who would decide what the news was.

“GM objected to Journal stories, including one accurately detailing the secret designs for 1955 model cars. The auto company pulled all of its advertising and demanded an apology and retraction. Kilgore held firm, went public with the dispute, and prevailed. The result was a sharpening of distinctions between newspapers’ ‘church’ (their editorial content) and ‘state’ (their business operations) that provides a gold standard, an aspiration for the industry and its progeny in newer media, which resonates to this day.”

Read more here.

Recent Posts

Dynamo hires former Business Insider executive editor Harrington

Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…

23 hours ago

Bloomberg TV hires Kerubo as desk producer

Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…

24 hours ago

Jittery CNBC staff reassured by new boss

In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…

24 hours ago

Making business news accessible to a wider audience

Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…

1 day ago

Rest of World hires Lo as China reporter

Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…

1 day ago

Bloomberg rises to No. 7 biz news website

Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…

1 day ago