Dow Jones, the parent company of The Wall Street Journal and Barron’s, warned that its third quarter results will be lower than expected because of weak ad sales at the newspaper.
“Dow Jones in July said the edition could break even by the fourth quarter because of higher consumer advertising spending during the holiday season.
“Print advertising at the Journal was up 6.3 percent for the first two months of the quarter, which was in line with the company’s expectations, Chief Executive Rich Zannino said in a statement.
“‘However, September advertising revenue at the journal is running below our expectations and prior year,’ he said.
“A spokesman declined to comment on why advertising revenue is below expectations.”
The Advocate is looking for a savvy reporter to cover the Baton Rouge business scene…
MLex, a LexisNexis company, is an independent news organization for breaking news and forward-looking analysis…
The Austin Business Journal seeks a staff writer to cover economic development in one of…
A Russian court on Saturday placed Sergei Mingazov, a journalist for the Russian edition of…
Justin Nielsen of Investor's Business Daily writes about the newspaper's 40th anniversary. Nielsen writes, "When the…
Clare Fieseler has been hired by Politico and subsidiary E&E News to cover renewable energy,…