The new luxury lifestyle magazine will be sent to a subgroup of The Wall Street Journal’s subscribers with an average household income of $265,000, beginning this Saturday. Total circ for the launch issue will be 960,000 copies: 800,000 sold by subscription and at newsstands in 17 large markets, plus 160,000 copies distributed on Fridays overseas. [...]
Bicycling magazine has partnered with The Wall Street Journal in hopes of taking advantage of the high interest in the sport following the Tour de France. The terms of the partnership include the Journal getting 24 exclusive, stage-by-stage stories from Bicycling and Bicycling getting direct access to WSJ.com’s affluent readership. Folio (July 30, 2008)
Marcus W. Brauchli has officially been named executive editor of The Washington Post and will begin his responsibilities on September 8. Publisher Katharine Weymouth hopes that Brauchli’s experience as top editor of The Wall Street Journal will help The Post “navigate the new world of media.” NY Times (July 8, 2008)
WSJ, the glossy magazine of The Wall Street Journal, is entering the final phase of development before its September 6 release date. There are now prototype pages available, the back cover is in tact, and the magazine has over 28 advertisers. The magazine hopes to be around 100 pages long and is on schedule to [...]
Bill Grueskin, deputy managing editor for news at the Wall Street Journal and WSJ.com, resigned yesterday morning. He is leaving the Journal to become dean of academic affairs at Columbia University’s Graduate School of Journalism in September. He will be developing a new media center for the university. Crains New York (June 4, 2008)
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. [...]
As posted below, the Wall Street Journal is launching a new luxury lifestyle magazine, simply titled WSJ. Ellen Asmodeo-Giglio was named VP, publisher. She previously spent 17 years at American Express Publishing, holding an assortment of positions. MediaWeek (April 10, 2008)
Speaking at the World Economic Forum in Davos, Switzerland, today, News Corp. chairman Rupert Murdoch quashed speculation he had raised in the fall that the Wall Street Journal would make all online content available at no cost. In fact, he said, that “the really special things” would probably be more expensive. (This bit of news, [...]
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 [...]