OLD Media Moves

Could Google or Yahoo buy Dow Jones?

March 28, 2006

JupiterMedia CEO Alan Meckler muses online that eventually Google or Yahoo will need to have content on their respective financial information sites if they are to compete for the eyes of those who want that information. He theorizes that eventually that content could come from Dow Jones, parent company of The Wall Street Journal and Barron’s.

Alan MecklerWrites Meckler, “In the end, however, the weakness of both Yahoo and Google is content. They both are dependent on sources that they do not own. Someday ownership will matter. Ownership of content makes somebody king. I have witnessed this fact since starting in business in 1971. I have been successful owning content for 36 years, and now see content weaving its magic in the image space as Jupitermedia has moved into a supreme position against much larger image organizations soley because of its content ownership position (and a big help from an incredibly productive and talented team that has been with me for many years).

“Google and Yahoo will slug it out for years to come. But one of them is going to buy significant media assets and content. It will be interesting to see which one makes the first move. Perhaps Dow Jones makes sense?”

Read his entire comment here.

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