TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Posts Tagged ‘Barron’s’

Score That Job: Dow Jones

A few weeks ago we took you inside Dow Jones in an episode of Cubes. If that made you say, “I’d love to work there one day,” here’s your chance to find out how to make that happen.

Vicki Salemi, mediabistro’s very own career expert, author and editor sits down with Meredith Lubitz, vice president of Talent Acquisition at Dow Jones to hear what it takes to go from candidate to employee.

A couple of hints? Who you are outside the office is just as important as who you are inside. So tighten up that social media presence. They want to know what you’re saying to the world.

You can view our other MediabistroTV productions on our YouTube Channel.

Mediabistro Course

Travel Writing

Travel WritingStarting September 23, learn how to turn your travel stories into published essays and articles! Taught by a former Vanity Fair staff writer, James Sturz will teach you how to report, interview, and find sources, discover story ideas and pitch them successfully, and understand what travel editors look for in a story. Register now! 

Dow Jones Combines Journal, Newswire Operations

dowjones.jpgDow Jones & Co., the News Corp.-owned publisher of The Wall Street Journal, yesterday announced plans to merge its two biggest business units: its consumer and enterprise operations.

The restructuring combines the company’s consumer arm — which includes the Journal, MarketWatch and Barron’s — with its newswire and Factiva businesses. The move also includes an executive shakeup, with CFO Stephen Daintith taking on the role of chief operating officer of the company and Todd Larsen, COO of the Consumer Media Group, becoming president. Clare Hart, president of the Enterprise Media Group, is leaving the company where she has worked for more than 25 years.

Dow Jones CEO Les Hinton said the move was all about streamlining operations. “This structure will provide the focus to make us faster and better than our rivals at identifying and meeting customer needs,” he said in a statement.

Dow Jones also has a third business unit, the Local Media Group, which will continue to operate independently after the combination of the other two groups is completed.

Although the Journal had a banner year in 2009, becoming the number one paper in the U.S. based on circulation, it has not been immune from cuts, including the closure of its Boston bureau. In November, news surfaced that Dow Jones had hired consultancy McKinsey & Co., known for its brutal slashing of media companies like Condé Nast. Could this restructuring be a result of McKinsey’s influence?

Update: Our sister blog PRNewser reports that a Dow Jones spokesperson said the reorganization will have “no effect” on editorial staffing at the company.

Full release, after the jump

Previously: Dow Jones Taps McKinsey & Co.

Read more

Former Portfolio.com Staffer Lands TV Gig

Colarusso_8.18.phpBloombergTV has brought on online and print veteran Dan Colarusso to serve as managing editor of U.S. television for the network, TVNewser reports.

Colarusso previously worked as managing editor for Portfolio.com, the Web site for doomed Condé Nast business publication Portfolio, which was shuttered earlier this year.

Prior to joining Portfolio.com, Colarusso worked as a business editor and metro editor at The New York Post, although his depature from the paper was fraught with drama. He has also contributed to The New York Times, Barrons and The Daily Beast.

The news comes one day after we learned that another Portfolio cast-off, Jim Impoco, had taken a somewhat non-traditional role at Reuters as enterprise editor. As traditional journalism models fold and evolve, we will probably be seeing more print journalists moving to the Web and then working in multimedia or, like Colarusso, television. It’s possible that the print jobs that have disappeared in the past year won’t return, so it’s more important than ever to be dynamic.

What do you think about this shift?

Earlier: So What Happened With Dan Colarusso’s NY Post Exit?

Related: Portfolio.com Media Blogger Moving On

Bloomberg, News Corp. Not Interested In BusinessWeek

businessweek.pngYesterday, the big news in the magazine industry was McGraw-Hill‘s decision to put BusinessWeek up for sale. Bloomberg broke the story in the morning, and by the afternoon BusinessWeek‘s own media reporter, Jon Fine, had weighed in.

According to Fine, “McGraw-Hill had held discussions earlier this year with Bloomberg regarding a sale of BusinessWeek,” but the newswire passed. Then Bloomberg became the first news organization to report the sale.

Today, the Financial Times reported that the sale of BusinessWeek might only fetch $1 for McGraw-Hill and weighed the possible buyers.

“Industry members and bankers said it was unlikely that Time Warner’s Time Inc., publisher of Fortune, or Forbes would bid for a competitor while facing similar challenges themselves,” FT said. “Among the few groups investing in print media, bankers pointed to Bloomberg, which has recruited new management for an aggressive expansion of its financial magazine, Bloomberg Markets, and Bonnier, which has become a top-10 U.S. publisher through acquisitions…a Bonnier spokesman said it had always favored niche acquisitions. A spokesman for News Corp., owner of the Wall Street Journal and Barron’s, said it was not interested in BusinessWeek.”

As the Journal pointed out in its story about the possible sale today, it is not an easy market for business magazines right now. So who, if anyone, is going to step up and buy a flagging BusinessWeek?

Earlier: BusinessWeek On The Block?

The Winner’s Circle Organization Sells to Barron’s

barronswsj.pngMedia investment bankers DeSilva+Phillips have announced that their client, The Winner’s Circle Organization, has been sold to Barron’s, the magazine published by Dow Jones & Company.

The Winner’s Circle Organization is a consulting firm which provides analysis of financial advisory practices and rankings, which for the past five years has partnered with Barron’s on a highly successful conference business which produces forums for elite financial advisors to meet and discuss the business of delivering wealth management for high-net-worth individuals and institutions. Full release after the jump.

Read more