Marketwatch turns 10, but can it survive for another 10?
Mark Glaser of MediaShift writes Wednesday about the future for business news web site Marketwatch now that it’s 10 years old and about to become part of News Corp. Glaser wrote, “As part of Dow Jones, MarketWatch will become part of the News Corp. empire next year, meaning it could face layoffs while being combined […]
WSJ's Brauchli may need to hold off Murdoch favorite
Wall Street Journal managing editor Marcus Brauchli, who ascended to the top spot earlier this year, may have to fend off a favorite — Robert Thomson of the Sunday Times of London — of News Corp. CEO Rupert Murdoch after the company closes its deal to acquire Dow Jones & Co., the parent of the […]
Murdoch plans financial media assault
Kenneth Li of Reuters writes that News Corp. CEO Rupert Murdoch plans to launch international versions of Fox Business Network in the coming years as part of the company’s plans to boost its presence in business journalism. Li wrote, “His recent $5 billion deal to buy The Wall Street Journal publisher Dow Jones & Co […]
Murdoch surprised about CNBC ad removal
Aline van Duyn and Joshua Chaffin of The Financial Times write Saturday that News Corp. CEO Rupert Murdoch called the decision to remove CNBC ads from the Wall Street Journal and Marketwatch web sites on the day Fox Business Network launched a “bit heavy handed.” News Corp. owns Fox Business Network, and it’s in the […]
Crovitz bullish about Dow Jones online properties
Wall Street Journal publisher Gordon Crovitz and Dow Jones & Co. CEO Rich Zannino talked on the company’s earnings conference call Thursday about the potential that exists with its online web sites. Crovitz said, “As we said, we will soon hit a million paying subscribers to the Online Journal. Barron’s Online, at well over 100,000, […]
Advertising down, subscriptions up at WSJ
Dow Jones & Co., the parent of The Wall Street Journal, reported third-quarter earnings Thursday in which it disclosed that advertising at the paper was down during the third quarter, but subscriptions rose. The company’s release stated, “Advertising revenue at the Wall Street Journal U.S. print edition declined 2.9% (on a 13.6% decline in volume) […]
Why is the dumping of CNBC's ads news?
Ashkan Karbasfrooshan wonders on the Seeking Alpha web site why the decision by Dow Jones & Co. to drop ads for CNBC on its Wall Street Journal and Marketwatch web sites on the day of the debut of Fox Business Network — which is a property of News Corp., the buyer of Dow Jones — […]
How the WSJ will take on the NYTimes
Michael Calderone of The New York Observer writes Wednesday about the strategy behind how the Wall Street Journal will take on the New York Times in national coverage after News Corp. CEO Rupert Murdoch closes on his deal to acquire parent company Dow Jones & Co. Calderone wrote, “In early August, just days after bickering […]
Questions raised about pulled CNBC ads
Bill Carter of The New York Times writes Tuesday that the CNBC ads pulled from the Wall Street Journal and Marketwatch web sites on Monday — the day that Fox Business Network launched — are raising questions again about the independence of Dow Jones & Co. as a Rupert Murdoch property. Carter wrote, “The decision […]
Union will still fight for better benefits
Steve Yount, the president of the union that represents business journalists at Dow Jones & Co., sent the following e-mail to its members Monday about the new contract that was approved last week: “The retro payments and the wage increases will appear in your paycheck as soon as they can be processed by payroll. The […]
