In an effort to get back revenue that his print outlets have been losing, Rupert Murdoch is planning to charge for subscriptions to all of NewsCorp’s online content. This would probably include news websites like Dow Jones, Marketwatch, Financial News, and The New York Post to name a few. NewsCorp-owned Wall Street Journal was one [...]
Robert Thomson will be stepping up to fill the void left by Marcus Brauchli last month. Rupert Murdoch named Thomson as managing editor of the WSJ and editor in chief of Dow Jones. Before this promotion, Thomson had been publisher of Dow Jones and had been editor of News Corp.’s The Times of London since [...]
A report published yesterday afternoon on the WSJ website revealed that the special committee established to oversee the WSJ’s editorial integrity was upset by the handling of managing editor Marcus Brauchli’s departure. The committee felt that its members should have been notified earlier about the pressure Brauchli felt to resign. Committee members expressed the view [...]
Marcus Brauchli, managing editor of the Wall Street Journal, plans to leave after only 11 months on the job. His departure comes a mere 4 months after Murdoch’s take-over of the Journal. Some speculate that Brauchli tried to find a “middle path” between the paper’s old guard and Murdoch’s new vision, but had trouble doing so. [...]
Rupert Murdoch’s News Corp. officially owns Dow Jones & Co. as of yesterday, when shareholders voted to sell the company for $5.6 billion. With annual revenue of only $2 billion, Dow Jones is actually relatively small. Speaking in terms of influence, though, it’s very big, especially in financial news. Aside from the Wall Street Journal, which ranks second [...]
Les Hinton, currently executive chairman of News International, will suceed Richard F. Zannino as chief executive at Dow Jones. A former reporter, Hinton has helped Murdoch cut costs at News Corp.’s UK newspapers. The New York Times (Dec. 7, 2007)