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Dow Jones Taps McKinsey & Co. - Posted November 16, 2009
After Condé Nast hired consultants McKinsey & Co. to help "realign" the magazine publisher's business, four magazine ended up shuttered and hundreds lost their jobs.
But Dow Jones, the Rupert Murdoch-owned Wall Street Journal publisher that last week revealed that it had also enlisted McKinsey's help, insists that this move will help... [FishBowlNY]
News Corp. Papers Struggle In Q1 - Posted November 5, 2009
As more media companies report their earnings for the most recent financial period, we're starting to get a better pictures of the state of the industry.
Yesterday, Rupert Murdoch's News Corp. reported operating income of $1.04 billion, up 9 percent year over year, despite a massive 82 percent drop in income in... [FishBowlNY]
Newsday Columnist Takes A Stand Against Paid Content - Posted November 2, 2009
We've known since February that Newsday.com was going to be put behind a paywall so its parent company Cablevision could see if any of that Wall Street Journal magic could rub off on them and actually get users to pay for online content. Two weeks ago, the company announced its payment... [FishBowlNY]
Wall Street Journal Launches Site Aimed At Coeds - Posted October 27, 2009
The Wall Street Journal has always been ahead of the curve when it comes putting their chronicles online...and making a buck off of it. Dow Jones was one of the first publishers to enact a pay wall for their Web site, alleviating the burden of online ad revenue by making their... [FishBowlNY]
FBNY Poll: What Content Would You Be Willing To Pay For Online? - Posted October 23, 2009
This week, two newspapers announced two very different paywall plans. The Wall Street Journal unveiled a new plan to provide specially aggregated content to "professionals" for up to $49 a month, drawing from WSJ.com, Dow Jones newswires and Factiva.
Local Long Island newspaper Newsday also revealed expected plans to roll out... [FishBowlNY]
WSJ Tries New Pay Model Targeted To "Professionals" - Posted October 21, 2009
Everyone agrees. The business model employed by media companies is broken. As advertising revenue dwindles, newspapers and magazines find themselves searching for additional sources of income. One option: charging readers for access to content. But it has become generally accepted that readers won't pay for just any content, especially things they... [FishBowlNY]
Far Eastern Economic Review To Close Up Shop - Posted September 22, 2009
The Far Eastern Economic Review will cease publication in December, the magazines's owner Dow Jones said yesterday.
Dow Jones, which also publishes The Wall Street Journal, said the Review's closure would allow the company to focus on "core products" and "key markets" like India, China and Japan in order to boost the... [FishBowlNY]
Kidnapped NYT Reporter's Escape Brings Press Blackout To Light - Posted June 22, 2009
Over the weekend, news broke that Pulitzer Prize-winning New York Times reporter David Rohde had escaped from captivity in Afghanistan, where he had been held for the past seven months.
The news brought relief to a community overwhelmed by stories of violence against and arrests of journalists in Iran and the... [FishBowlNY]
Wall Street Journal Moves On - Posted June 11, 2009
Tomorrow, The Wall Street Journal will complete its move from its home downtown to News Corp.'s corporate headquarters at 1211 Avenue of the Americas.
In advance of the move from a "newsroom with the hush of the library" to the building that some WSJ reporters call the Death Star, The Observer's... [FishBowlNY]
Wall Street Journal Expands To India - Posted May 19, 2009
Yesterday The Wall Street Journal Asia launched a locally printed edition in India along with a regional Journal online homepage for the country as part of the paper's plans to expand within the Asian market.
News Corp., which purchased the Journal in 2007, has pushed for an expansion of news and editorial... [FishBowlNY]
Reuters Brings On Three New Columnists - Posted May 15, 2009
Reuters is filling out its commentary team by bringing on three new columnists -- Agnes Crane, Matthew Goldstein and Christopher Swann.
Crane, formerly an editor at Dow Jones Newswires, led a team covering the credit markets and debt instruments.
Wall Street reporter Goldstein is joining Reuters from Businessweek, where he launched the... [FishBowlNY]
Timing is Everything: Bancrofts May Be Only Ones Making Good on Dow Jones Sale - Posted December 16, 2008
Sulzbergers take note! Looks like a year later the only people benefiting from the Dow Jones sale are the Bancrofts. Of course one of the reasons for this is that (as we are all painfully aware) in the months following that sale the bottom has come out on the... [FishBowlNY]
