Categories: OLD Media Moves

Union expresses disappointment in Dow Jones/News Corp. deal

Steven Yount, the president of the union that represents business journalists at Dow Jones & Co. operations such as The Wall Street Journal and Marketwatch, issued a statement expressing displeasure with the deal to sell the company to News Corp.

Yount stated, “IAPE is disappointed with the apparent decision by key Bancroft family members to support the sale of Dow Jones & Company to News Corp.

“At the same time, no matter who owns Dow Jones going forward, IAPE members — over two thousand strong — will continue to band together to fight for their interests. That includes negotiating a quality collective bargaining agreement.

“We were heartened that several prominent Bancroft family members remain opposed to the sale on the grounds that it will irreparably damage the quality and independence of The Wall Street Journal and all Dow Jones publications. We hope their courage, and their commitment to news gathering independence, will impress upon Dow Jones’ new owners that the success of our products has always been based on a foundation of integrity and trust.”

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.

Recent Posts

NY Times taps Searcey to cover wealth and power

New York Times metro editor Nestor Ramos sent out the following on Friday: We are delighted to…

36 mins ago

The evolution of the WSJ beyond finance

Rahat Kapur of Campaign looks at the evolution The Wall Street Journal. Kapur writes, "The transformation…

15 hours ago

Silicon Valley Biz Journal seeks a reporter

This position will be Hybrid in the office/market 3 days per week, and those days…

15 hours ago

Economist’s Bennet, WSJ’s Morrow receive awards

The Fund for American Studies presented James Bennet of The Economist with the Kenneth Y. Tomlinson Award…

23 hours ago

WSJ is testing AI-generated article summaries

The Wall Street Journal is experimenting with AI-generated article summaries that appear at the top…

24 hours ago

Cohen joining Bloomberg Tax

Zach Cohen is joining Bloomberg Tax to cover the fiscal cliff and tax issues on…

1 day ago