Tag Archives: Wall Street Journal
by Chris Roush
Jeff Roberts of PaidContent.org talked with David Crook, the editor of The Wall Street Journal Sunday, and discussed why the insert in daily newspapers across the country isn’t offering digital versions for its partners.
Roberts writes, “Many local papers also partner with the Journal in a program to share money from national advertisers. Crook says revenue from Wall Street Journal Sunday is growing even though circulation has peaked, and that the program is a way to introduce the brand to millions of new readers.
“The weekend pairing of Wall Street and Main Street appears to be a perfect marriage save for one hitch — the Journal has cold feet when it comes to digital. For now, the Journal will not provide its partners with digital copy for their websites. ‘We need to grow our digital base as much as they need it,’ explained Crook.
“The decision is a disappointment to people like Todd Benoit, Director of News and New Media at the Bangor Daily News. He says that the Journal’s weekend pages offer hard-to-get content at a ‘very fair price’ to the newspaper’s aging readers, but that there is digital demand too.
“‘Tell them we would love to get the online version,’ said Benoit.”
Read more here.
by Chris Roush
Martin Peers, the Wall Street Journal editor who oversees the media and marketing team, sent out the following staff announcement on Monday afterno
We’re pleased to announce several appointments to the Journal’s Media and Marketing bureau:
Keach Hagey, who will join the group in mid-April, will cover newspapers, magazines and online news media. She joins the Journal from Politico where she had covered the intersection of politics and media. Keach previously worked in Abu Dhabi for The National and before that wrote for CBSNews.com.
John Jannarone will cover major media companies. He joins MAM after three years as a writer on the Journal’s Heard on the Street column where, among other successes, he broke the story of Diamond Foods’ accounting irregularities that led to the departure of the company’s top management. John previously was a reporter for Dow Jones Newswires in Singapore and before that worked on Wall Street.
Shalini Ramachandran was hired in January and is covering cable operators. She graduated from Emory University in December with a Master’s degree in English. She interned for the Journal in Atlanta last summer.
Christopher Stewart was hired late last year as deputy bureau chief. Chris, who is covering television, had been deputy editor of the New York Observer and before that was a contributing writer for Conde Nast’s Portfolio magazine. He is the author of “Hunting the Tiger” and the forthcoming “Lost in the White City.”
by Chris Roush
“‘The growth is exponential,’ said Bowen, citing three factors that is causing video to take off. ‘The devices work, consumers have the bandwidth and advertisers are increasing their budgets.’
“What this means in practice is that the Journal is showing over four hours a day of live video on devices like the iPad and also using that footage to place clips on platforms like Boxee, Roku and YouTube.
“The Journal’s head-first dive into video contrasts with the New York Times’ toe-in-the-water approach. The rival paper is showing just two short clips every day, branded as TimesCast and the newly added Business Day Live.
“Bowen says the idea of ‘WSJ everywhere‘ taps the convening power of the brand and that its ubiquitous video is now an ‘inseparable part of the Journal experience.’”
Read more here.
by Chris Roush
Rob Hunter, the personal finance editor at The Wall Street Journal, sent out the following message on Friday afternoon:
Our mission, as the world’s preeminent provider of personal-finance coverage, is to help readers understand the tectonic shifts taking place in the global markets and to offer concrete advice on how to seize opportunities and avoid hidden dangers. Just as important, we aim to tell gripping tales of fortunes won and lost with the flair and elegance to which Journal readers are accustomed.
The successful candidate will have experience covering private banking, wealth management or other facets of the banking or money-management industries. He or she will demonstrate an ability to write action-oriented stories for the Weekend Investor section that help readers determine which strategies are attractive and which are to be avoided, and explain how the latest news developments or financial-market trends might affect their net worth. He or she will also write news stories and features for the Money & Investing section, as well as high-impact pieces for Page One.
A deep Rolodex of bankers, consumer advocates, economists, and regulators is essential, as is the ability to distill complex material into clear language.
Interested candidates should apply to Francesco Guerrera, Rick Brooks or Rob Hunter.
by Chris Roush
The Wall Street Journal is the most influential financial news outlet, but the New York Times has half of the top 10 most influential business journalists, according to a survey of business journalists released Friday.
Journalists are allowed to nominate up to three media organizations. The Journal was named 72 percent of the time, while Bloomberg was named by 60.1 percent of respondents.
Andrew Ross Sorkin, the New York Times columnist and CNBC anchor, is perceived as the most influential U.S. financial journalist, followed by Gretchen Morgenson of the Times and author Michael Lewis.
The survey of 349 financial journalists was conducted by two DePaul University professors — Matt Ragas and Hai Tran — for Gorkana, and the results were released Friday at the Society of American Business Editors and Writers annual conference in Indianapolis.
Almost four out of five journalists — 77.8 percent — have a neutral or positive outlook on the health of financial journalism during the next year. More are positive — 33.4 percent — than negative — 22.2 percent — on the outlook of financial journalism. This may indicate that financial journalists believe the worst is behind them as a field, according to the study.
Financial journalists indicated that they rely most on reading newspapers or other publications — in other words, monitoring what their peers are covering — as a source of story ideas. The personal interest of the journalist of that of someone on their staff is also an important source of ideas.
The journalists surveyed also assign the most credibility to information provided by a company CEO.
For a copy of the study, email firstname.lastname@example.org.
by Chris Roush
Raju Narisetti, the managing editor of The Wall Street Journal Digital Network, made the following staff announcement on Thursday afternoon:
I am delighted to announce that Liz Heron is joining the newsroom as Director, Social Media and Engagement for The Wall Street Journal Digital Network. In this pivotal role, Liz will lead a growing team that will be ever more focused on deepening the engagement we have with existing readers globally, as well as expanding our audiences, both on our own platforms as well as in social media.
“Liz is a renowned digital alchemist,” notes Robert. “Her e-empathy and e-expertise will be crucial in building engagement with our vast and growing audience, in the US and globally. A contemporary media organization can never have too much innovation.”
In her current job as a Social Media editor at The New York Times, Liz defined its overall social media sensibility, and established new ways of storytelling, gathering news and distributing journalism using social tools. She worked to put social media front and center during live coverage at a time when events such as the Arab Spring, the death of Steve Jobs, the Occupy Wall Street movement and other news events were changing the way journalists and readers approach major news. As the lead social editor on the U.S. elections, she has developed projects that emphasize reader participation in newsgathering, and experimented with social video. Liz also developed strategies for innovating on new platforms such as Google+, and set standards for individuals and desks when it came to using Twitter and Facebook for journalism.
Previously, Liz was the digital innovations editor on the Foreign desk of The Washington Post, where she first began experimenting with social media to cover stories such as the Iranian revolution and the 2010 earthquake that devastated Haiti. In her 10-year career as a journalist, she has also worked at ABC News and the Associated Press as a producer and reporter. Liz is also a sought-after public speaker when it comes to social media innovation and best practices.
Liz will be based in New York and report to me. Please join me in congratulating and welcoming Liz (@LHeron; email@example.com; Facebook.com/Lheron), whose official start date will be April 9.
by Chris Roush
Francesco Guerrera, the editor of the money and investing section of The Wall Street Journal, made the following staff announcement on Tuesday:
In her new role, Janet will oversee and manage the new Markets’ Stream story and mobile application, as well as taking responsibility for driving online coverage by the Money & Investing Group.
A talented journalist with vast experience in both print and online, Janet has been the editor of Smartmoney.com and personal finance editor of WSJ.com for the past 18 months. During her tenure she led an overhaul of the look and feel of the SmartMoney website, adding new features and refreshing its design. The results have been excellent, with traffic to articles increasing more than 40% in 2011.
Before that, Janet worked as a reporter at SmartMoney magazine and Money magazine – honing skills first developed as a ferocious sports reporter in Long Island and Philadelphia.
Janet will co-report to Francesco and Raju and work very closely with our first-class online team that includes Brian Hershberg, the real-time deputy for the Markets desk; Stephen Grocer, M&I’S Blogs Editor; and WSJ.com’s Kate Milani on the Hub.
Please join us in welcoming Janet to her new role.
by Chris Roush
The Wall Street Journal announced Tuesday the debut of its first live show to originate outside the U.S – “News Hub GMT” – airing live each weekday at 12 noon GMT/7 a.m. EST on WSJ.com and WSJ Live.
Hosted by Dow Jones columnist Nick Hastings in London, “News Hub GMT” airs as a 20-minute show, bringing the Journal’s global audience an authoritative take on the day’s leading business, financial and general news stories, including the latest breaking news and developments.
As part of the growing stable of live video from the Journal, the show will tap the resources of bureaus in Europe – including Frankfurt, Berlin, Paris, Brussels, Moscow and Athens – as well as the global network of more than 2,000 journalists across Dow Jones, including the Journal, Dow Jones Newswires and MarketWatch.
“News Hub GMT showcases the expertise of our team of reporters around Europe and allows our readers to engage with them on a new platform,” said Tracy Corrigan, editor-in-chief, Europe, The Wall Street Journal, in a statement. “The show brings an added dimension to our news reporting and analysis during the European business day.”
Wall Street Journal video features more than four hours of live programming each business day, with multiple shows, news updates, reporting from the field, exclusive interviews and special events coverage as well as an extensive archive of on-demand video.
News Hub GMT joins current live shows, including Digits, Lunch Break, Mean Street, Markets Hub, Opinion Journal, Off Duty and News Hub AM/PM from New York. Show segments are available on-demand following the live airing.
by Chris Roush
Wall Street Journal sports editor Sam Walker sent out the following to the paper’s staff on Monday:
I’m pleased to announce that our online sports team has built the most brilliant NCAA men’s basketball tournament bracket-building application in the fullness of global history. (Really, I’m not kidding.)
The Blindfold Bracket, which is up on the WSJ.com home page today, gives readers something they’ve always desperately needed but couldn’t find anywhere: the ability to fill out a March Madness bracket quickly and intelligently, using the best and most current research, without knowing anything in advance and without falling victim to the No. 1 killer of all brackets: prejudice.
The system, which is our own invention, allows readers to pick the winner of every matchup in every round based on the relative strengths and weaknesses of the two teams (which are explained side by side on the screen). To insure objectivity, the school names are replaced by random animal names — walruses, bandicoots and mice, to name a few. Once you’ve picked the entire tournament outcome, down to the champion, the animal code names disappear and your actual, unbiased selections are revealed to you.
Last year, a simpler version of the Blindfold Brackets drew millions of hits and a giant wave of feedback from our scientifically minded readers. This year, it’s not only better, faster and more comprehensive, there’s an additional contest function: the overall winner will be given a personalized WSJ hedcut. I’m told this is the first online reader contest we’ve ever done.
This is a fine example of what can happen when the online staff and the print staff climb into the same boat and row together. Adam Thompson and Jovi Juan led the way on this from the beginning and Lakshmi Ketineni and David Biderman provided big assists in the online execution. Rachel Bachman, Darren Everson and Jared Diamond of the sports desk teamed up to write more than 70 team scouting reports. Ben Cohen and Jim Chairusmi provided crucial fact checking and GNY sports editor (and animal savant) Geoff Foster came up with the code names.
If you haven’t tried this thing already, PLEASE DO.
And prepare to dominate your pool…